Please read the paragraph before that;
In order to provide sufficient cash reserves during the continuing ramp up, the Company has increased shareholder loans by $500,000 on the same terms as previous (unsecured, repaid 31 December 2014, interest 10% p.a. paid monthly, with 2,857,143 listed 17.5 cent PGI
options expiring 31 December 2014).
This is not standby, this is to have in the companies own words
"sufficient cash reserves"
It's not that hard to actually read an announcement....
Please read the paragraph before that;In order to provide...
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