Why would they need to do a CR?
The trade facility of $10m was put in place with support of the lenders specifically to aid with the expansion it's being used for. Once the current expansion is in full production the cf generated will be more than enough to be able to repay the facility.
The current biggest cash drain is growing the fish to full size in the new expansion lease which isn't generating any sales yet, that will change in the next 12 months.
Yes if they wanted to increase production further to support a greater demand they would probably need further finance but at this point in time the uplift in sales doesn't suggest this will happen in the short term.
Why would they need to do a CR?The trade facility of $10m was...
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