Just guessing but maybe they needed to fund it themselves up to...

Just guessing but maybe they needed to fund it themselves up to a certain point where ABSA was happy to take security again it?
Sort of like when one builds a home? You stump up the inital 20% worth of construction then the bank pays the rest.
Maybe they couldnt do it because Sioc didnt want to release all the cash until it was needed?

Jason, so where is the financial statement promised to your shareholders?

If you want to be treated like a mid-tier mining company start behaving like one.