Ann: Secured Loan Facilities, page-10

Well, lets ponder the alternatives. They could use the considerable contacts that our advisor Sir Jonah has, and come up with something creative, such as a cash infusion from a gold streamer that is not interested in an equity stake, they just want a constant stream of gold at 400 dollars an ounce, so no dilution or, they could look at convertible bonds with the way interest rates are, which would defer any potential dilution, and I do not think we would be paying 25 percent per annum interest as we are now to Brian. Either of these options would require IDC to produce some gold, hummm.