Ann: Consolidation of Financing Arrangements, page-10

The first $20 M some was to just repay recoast ($5M)and 15 M for fines and working capital

The second $M20 According to some was just for ASx listing and wouldn't be drawn on

but then here we are, last report the 33 M was drawn and some said would not be drawn down further because of upped guidance and out came the forecasts

End of the day they just drew down on it again, to max it out, 5 M has to be kept and there are a raft of other covenants.

ASk yourself imo, If things were so gang busters why would they need to draw down more debt on the additional 2nd credit line, especially considering the presales debt has been frozen.