Meanwhile, the company revealed it has been successful in getting the loan covenants reset on its banking facility with Sberbank. The company said it is currently in compliance with its loan covenants, and has paid all interest and principal payments due under the Sberbank facility agreement, each of which has been paid in full when due. Max is due to make a US$3.2mln payment to Sberbank in December and a further US$6.8mln principal payment in March 2015, after which quarterly principal repayments of US$6.6mln are required to be made through o November 2017.