Baillieu Valuation of VEC, page-256

Mate , its all about how VEC may service this loan, they will not be making any coin for some time, so loans with reasonable terms are sought in this regard.
I am sure you have heard the term " abandoned baby", that is , you can still have an awesome project but if you cant manage money appropriately, then its out the exit door and another predator steps in or not.

Having a resource is great, but you need good finance terms to get you by, why do you think most new business set ups start with a 5 yr interest only term?

To preserve cash to stay alive, then hope to thrive.

Same principal with VEC.