Ann: Secures refinancing with CBA, page-7

yes short term hits both cash and non cash for long term benefits.

PAM a is a bit of a last recourse lender. When you are high risk and the banks aren’t interested you do those kinds of deals. Getting finance from CBA a is a sign that you are viewed as a “real” business. Of course it comes with covenants that means you have to watch your performance, but it’s not a bad thing to have that kind of discipline imposed.