So $40m debt is the intention. Looks like this will cover the...

So $40m debt is the intention. Looks like this will cover the Eastfiield debt.

The company may grant up to 120 million Options to the financier (can't recall if this was included in previous announcements).

Interest on the debt expected to be around 10%

Worst news is the dilution. 1.948 Billion shares on issue if the perf rights and shares are executed with a further option of another 120 million options under the terms of the financing agreement.