HGO 0.00% 5.6¢ hillgrove resources limited

I am not sure whether this is good news or bad. Any ideas? Have...

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    I am not sure whether this is good news or bad. Any ideas?
    Have they earned enough to pay off a $4m loan, or is this just spin and simply an announcement that they have been unable to pay it off on time, and so have had to roll it over into a new type of loan?
    And paying 7% interest now as well.
 
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