As per most recent annual report... "Greenearth has commenced...

As per most recent annual report...

"Greenearth has commenced payments to NCF, with the first instalment in June 2014 and the remainder of the USD$3m investment due by January 2015. The investment is subject to partial claw-back by NCF should less than USD$3m be ultimately invested by Greenearth and is detailed further in this report.

In June 2014, the Group entered into an agreement to acquire a 33.33% interest in NewCO2Fuels Ltd (concurrent with the disposal of its previous 50% interest, as described above). The new investment allows the Group to invest up to USD $3m by January 2015, with a minimum investment of USD $1m. The Group’s 33.33% interest is subject to partial claw-back should less than USD $3m ultimately be invested by the Group. The maximum possible claw-back would result in the Group retaining an interest of 17.81% instead of 33.33%. The minimum new investment amount is recognised at balance date as an investment in associate, with the unpaid portion of the minimum investment recognised as a liability (refer note 19).