Ann: Loan Facilities Variation, page-3

Yeah I must say I do agree, however I makes me feel that management do know something we don't. For Tarney and Silja to suddenly want to be paid back in 3c shares there must be some real potential in these 2 land holdings, they are going to make a packet if the next round of drilling is a success and the share price goes from 3c to 15c for arguments sake. I do not think they would be taking such a risky gamble if there wasn't real potential. Put yourself in there position do you lend the company $300K as an interest free loan ( which is what it was before the last drilling results ) hoping they find something or do you get repaid by 3c shares already knowing the results from the last round of drilling. Have management released all the information from the last round and is there more positive info to come out later via the drip feed.
Don't know myself but I reckon its going to be big.