Well it gets murkier and murkier.The Big Guy via TTY has today...

Well it gets murkier and murkier.

The Big Guy via TTY has today released a response to the hold everything letter from OLY via TTY saying TTY has advanced OLY $2m " as OLY was short of money" but the bidders statement from TTY dated 11/3 it states that OLY has been provided a loan facility of $2m of which at the date of the statement (11/3) $1m has been drawn down.

Short of money, it was stone motherless broke and have they hoovered anoth $1m in the past couple of days?(perhaps an early draw down of March's directors fees seemed a good idea in the circumstances?)

So how much have they drawn down of this secret loan $1m or $2m? Of course the directors of OLY do not think you should know about this loan as it's top secret and if only the Big Guy had not spoiled it all by launching the bid it would have been kept top secret.

Looks like the Maaaates out at Herdsman have started wearing white shoes and gold chains as they wander around in a state of denial.

Non-disclosure of material current liabilities of a kind that some of the white shoe brigade on the Gold Coast would be proud of, but what the ASX has supposedly been cracking down on big time.

Anyway, the big guy is handing out his phone number and personal email address for those punters wanting to have a chat.

Maybe the OLY shareholders and any potential white knights should ring the Big Guy and find out whether it's $1m or $2m and whether if the Big Guy really cracks the sh*ts with OLY the loan agreement is so tough that it allows him to ring up Korda Mentha/Ferriers etc and bring this all to a rapid conclusion.

Continuous disclosure...it's only for wimps.