Deconsolidation, page-5

It will be interesting to see what surfaces around the loan repayment to ERM when that comes out. Personally I don't think ERM want to go in any further CR so my guess is they will come up with a further re-finance solution that will lock in some certainty until they can get out (say 30 mil secured by ERM (again secured by plant & tenements) to cover their repayment & 2 drills?). Once they are out it will renew the share register & after hopefully some success in drilling next to Watsia that is when you will see a massive CR to cover the plant extension, pipeline & more drills.