"I also don't think you could drop that without having to make a price sensitive announcement."
According to the company's own presentation and update to shareholders, KfW have clearly been dropped. Therefore, your comment @cazz69 actually raises a good point - why wasn't the market informed? Is KNL not complying with its ASX reporting requirements??
"Developing solutions to issues raised by legislative changes" has been spun for well over a year... with no more mention of KfW, Nedbank or EFIC, it appears those solutions were not found
Did anyone ask the question of why the ATO 'query' on R&D rebates still has no resolution after 2 months?
No more mention of previous finance options, no solutions to long standing legislative changes, a dwindling bank balance and imo ATO repayments and fines looming... I really can't see what there is to look forward to.