Ann: US$42 Million Term Loan Receives Mercuria Credit Approval, page-6

Fantastic, great sign of confidence from our lenders. As @GravityWaves has highlighted many many times here Mercuria would have run the ruler on this project many times before granting the funding.

I don't expect a big pop in SP as I believe our majors will fight tooth and nail to surpress any move in SP now we have more than enough money in the door $50+ M AUD is awesome. I don't think our instos will want retail getting lots of cheapies too.

In addition the 6 month deferred payments allows the company to start repaying the loan once production expansion begins.

This is really good!!!