The first batch comprising 121,812,311 shortfall shares had been allotted on 19/11/2012 and funds should have been received well before the end of the quarter, shouldn't they?
You're 100% right regarding the 1.184M borrowed, thanks a lot for the heads up! We probably won't get the full picture before the Q2 cash flow report is made public, unless the company decides to release news on receipt of the funds. In any event the company should receive another 3M+ in cash.
HAZ Price at posting:
2.8¢ Sentiment: None Disclosure: Not Held