Ann: Consolidation of Financing Arrangements, page-55

@sydneyguy

If you wish to comment on A40 affairs, please provide full picture not only the part that suit you.
Your half comment would suggest or give impression that additional 20M from Tribeca was added to our loans amount while in fact 13M was used to repay old existing loan.

There is a difference between using that amount to support operations and using it to pay off old loan.

Same applies to your quote of directors comments of possibility to raise more capital.
What about mentioning of three options with one of them being prepayment from new offtaker ?

They are finalising new agreement so perhaps we can survive without CR. Time will tell.

I doubt taking additional loan will be considered taking into account that we had an option of keeping old 13M loan and use 20M available from Tribeca.

IMO, you are part of posters who just love to take a picture of dark cloud and spread a rumour that a huge cyclone is coming.