Debt issues better not to repeat in fiscal 2013? "Kinbauri was not in compliance with two debt covenants of the EVBC Loan relating to depositing certain funds into royalty and debt service reserve accounts maintained with the lender under the EVBC Loan. Kinbauri subsequently received a waiver from the lender under the EVBC Loan in respect of these events of non-compliance."
"During fiscal 2012, with advance notice to Fabulosa, Orvana did not meet certain of its obligations under the Fabulosa Loan including certain reporting obligations and a cash sweep obligation thereunder. Orvana received a waiver in respect of one of these obligations and has requested a waiver in respect of the others"
"Bank loans with certain Bolivian banks total approximately $9,552 at the date hereof and are short term ranging from 60 to 180 days"
AND THE GOOD NEWS:
"The Company expects to meet the remainder of its contractual obligations due in less than one year from cash flows from operating activities"