new trading halt., page-14

This new acquisition really needs to be explained more clearly:

On exercising the option Hodges will pay the vendor a milestone payment of US$0.025 per tonne for all JORC
classified Measured and Indicated Resources calculated to that date. This payment is capped at a minimum of
US$6 million and a maximum of US$9 million. At this point the milestone payment and the cost accumulated
during the 18 month exploration programme, will be summed and conveyedconverted? into shares of Jaquar. This
accumulated sum will be deduceddeducted from the final payment.
In order to purchase the remaining interest in the company (to a maximum of 90%), Hodges will have 9 months
from accepting the option to pay the resulting balance of the 18 month accumulated sum from the purchase
price of US$70Million so is US$70 million the purchase price? Where are they going to get the money to complete this acquisition??.
If Hodges elects not to continue with the option, the expenditure undertaken during the exploration period will
be converted to shares within Jaquar at that point.
Hodges will also enter into a Loan agreement with the vendors and provide a Loan facility of US$3 million on
initiation of the agreement. This loan will be repaid on the 18 month milestone or converted into shares of
Jaquar.
Hodges has the exclusive right, until 13th May 2011, to conduct due diligence prior to entering into the binding
agreement outlined above.
A finder?s fee consisting of US$80,000 cash payment and issuing of 2.5 million shares and 2 million Options is
payable on execution of a binding agreement. An additional finder?s fee of 4 million shares and 2 million Options
may be payable on definition of a 700 million tonne JORC compliant resource and on decision to mine, an
additional 4 million Shares and 2 million Options will be warranted.

I want to buy, but the announcement is not clear enough for me.