re: Ann: US$10.5 million increase in Bank Fac... One would think that the bank would extend the facility on the following assumptions:
1. They are certain that MAE will be able to repay this debt at some point in the future (either through profit or asset sale)
2. That MAE will be able to fund the interest costs associated with a $36m loan (via profit)
Either way, still positive i beleive.
Hopefully further positive news moving forward :-)