disagree otherwise superfund would be in breach of the SIS provisions and auditor would pick that up. loans not allowed for securities other than for the seven day period and this is six months.
IMO would more likely be for Townsville feasibility and will be repaid with the Govt grant rather than for shares - if it was for shares I would be very surprised.
anyhow could be for anything - like you say important thing is repayment of same.
Ann: Half Yearly Report and Accounts, page-36
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