re: the poncho gang... redraw,
admin for Sept quarter $308,000.
estimate for 4th quarterexploration A$200,000 as per quarterly (may include retainers for Peru-chicken droppings anyway)
The payment of US$1.5m becomes a convertible loan in the event of a shortfall-but it is fully underwritten???
Nah, stick with me baby!LOL
Cheers,TAS