Q&A for Dave, page-62

Read the dept and credit from the AR and the credit will be applied against the dept the dept looks more to me.

At the end of the financial year, the Group had cash on hand of $14,014,422 (2016: $27,303,178), net assets of $55,531,300 (2016: $48,010,413) and current liabilities of $26,028,563 (2016: $6,218,028). The significant increase in assets is largely due to the Company spending approximately $22,755,649 million on exploration on the Icewine Project (net of partner contributions). Current liabilities have increased as a result of the Bank of America debt moving from Non-Current Liabilities due to the debt maturing on 30 June 2018, however note there has also been a significant increase in tax credit receivables to A$19,895,400, which will be applied against the debt