Hi raymonaThe ASX announcment with the details of the Springtree...

Hi raymona

The ASX announcment with the details of the Springtree deal was made on 21 July 09 and provides for finance up to approx 21 June 2012.

here is part of it:

The loan provides Prima with certainty of access to
funding in a difficult capital markets environment. The facility amount of A$25.5 million is to be made available to the Company in regular tranches as follows:

$500,000 to be advanced on the date of the agreement,
$500,000 to be advanced 15 business days after the date of the agreement, and
35 additional tranches of $700,000, each to be advanced approximately 30 days after the date of the immediately preceding tranche.

The regularity and the substantial size of the tranches eliminate financing uncertainty and allow the management to focus on executing its business plan.