All due respect TubbyI feel the announcement is a fairly easy read and my interpretation is that the facility needs not to be inspiring, it just needs to help achieve a result which is tiding them over until the completion of the two projects mentioned in the announcement, it can be extended if mutually agreed ( on pretty much std commercially acceptable terms) but it may be that CCE feel 3 months is all that is needed until project completion funds come in, and again why is this a problem, if everything turns to sh#t, the Company folds and the money is spent then MF has lost his investment, in the meantime i feel that disgruntled posters that hold are doing themselves ( and the Company) a disservice by casting a sleight on the very Company they are invested in, not sure if this is a great investment strategy.
Cheers