text: The Group also has a three year $25,000,000 Convertible Revolving Credit Facility available. At the date of this report the facility is undrawn. Under the 
  terms of this facility, Kingsgate has the option of repaying any funds drawn down under the facility through either cash or by issuing ordinary shares. It is 
  intended that this facility will be utilised during the 2014 financial year for corporate and working capital purposes. It is the current intention of the Company 
  to repay any cash drawdown under the facility by issuance of fully paid ordinary shares which would rank parri pasu with all existing ordinary shares, although 
  this position will be reviewed at the appropriate time. The number of shares has not yet been determined and they will be issued at a 2.5% discount to VWAP 
  over a period by reference to the draw down date. Shareholder approval is not required. 
  
  As indicated in Note 16, Kingsgate’s Thai operating subsidiary, Akara, established a six year amortising multi-currency loan facility equivalent to 
  US$125,000,000 (fully drawn as at year end) and an additional Thai Baht denominated working capital facility equivalent to US$15,000,000 (undrawn as at 
  year end) during the period. The proceeds from these borrowings were used to fully repay the outstanding balance on the US$100,000,000 Baht denomi- 
  nated syndicated loan facility in existence at the beginning of the period as well as to repay part of the corporate loan facility noted above. 