Ann: Agreement with Tribeca for Note Funding of up to $10m, page-13

I concur, good post, my linguistic skills are predominantly English

"I also like that they have, to an extent formalised an NTA value ratio of 70% which is far above what the market has ascribed to us in the past." ---- Me too !!

I'm not prepared to give credence to the thought the loan can be paid back in cash.

IMO it's only the interest bearing that can be paid in cash.

Therefore at some stage we will welcome Tribeca to the fold ?

Discussion is good and no, I don't think you were being condescending @japanfresh