Can someone help me.
The report says that they have no bank debt and yet they have repaid almost $5m of debt in the 12 months.
According the report they have had borrowings of $5.4m and repaid $4.7 for the year. therefore if they haven't repaid all the debt?
What debt is there?
What is the difference between bank debt and other debt? Well I am sure it costs a hell of a lot more.
Mr Lynch - why don't you provide details of the debt who is it from, the terms of the debt, how much is outstanding? When you will raise the next amount of money as at your burn rate of 43m per month you must have less than $1m now.
Maybe get some more of that no bank debt you seem to use?
cto - no bank debt? but there is debt?
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