From an announcement Re-financing of Centennial will involve...

From an announcement 
Re-financing of Centennial will involve settling secured and unsecured creditors of between $2.5m and up to $5.0m respectively in addition to working capital. Of this, providers of approximately $3.5m of funding are prepared to have this formalised into new loan agreements.

who has the secured and unsecured loans and where is this stated
 
please note when bankers part company from an entity things normally get nasty especially when the bankers don’t get their way.

banker defined as any money man 

It it doesn’t help when sweet f a gold is going to the bank. 

This is being said my personal opinion as to how shady this mob is is still being decided

it is definitely hard to report bad news. And with a crap share price it Is hard to raise capital. 

I agree the current proposals are a bit hard to stomach