Ann: Quarterly Activities Report , page-6

IMO KRM wont need a loan because:

(a) Cash at end of Qtr was $8.6 mil
(b) Forecast expenditure for Dec Qtr is $11.6 mil
(c) Sept Qtr report said "It is anticipated that mining rates from the
Way Linggo mine will continue at current levels " (4238 0Z AU Gold Equiv)
(d) Way Linggo will likely be producing before 31st Dec

If POG remains at current $1650 Aud/oz, this means that cash at
end of Dec will be at least $4 mil. It could be significantly more because forecasters are forecasting a lift in the POG & silver between now and Jan.

With kind regards
Moorookamick