David McRedmond

You know, it's very difficult if you're a civil servant going from, whoa, hold on a second, I thought you were losing money in an incline and now you're growing again.

And it's difficult to meet that.

So they tend to be the reason why there's differences between government and a semi-state.

Is that correct?

I know, just a few years ago.

No, in 1984, that was when Impus was set up.

Yeah, these things.

But why do you need a bigger borrowing limit?

Because we're a commercial company and because we're growing.

And when you're growing in retailing, which is what we are, you need working capital.

And every time I sign on a new customer and they take 90 days to pay me or 60 days or 90 days, you know, that's an extra three or four million working capital tied up.

But also just the cash is too tight in the company.

No company can operate, no commercial company can operate without a degree of flexibility.

So we certainly need that.

And I think it's going to happen very soon.

You know, I met with government this week and I think it's imminent that.

And that will help the next CEO and management going forward.

No, no, there isn't.

I think they're just, you know, the processes can be a bit slow.

You know, I wish they were much faster at government and they need to be because this is somewhat the story of infrastructure in this country.