before rushing the exits, page-24

Well this is from 30/03.2012

If I have this correct, 165m shares are released from voluntary escrow on confirmation that the Zhily resource is in excess of 1 billion tonnes . . . which I believe it is so therefore they are no longer in escrow??

The other 120m Shares are dependant on Chelkar Jorc.

So you are all (partly) right.

See below

The key changes on the terms of the acquisition are as follows:
(i) Vendors of Wiyot S.A. – Goldquest and other parties (“Vendors”) will be issued 110,000,000
fully paid ordinary shares in FMJ (“Vendors Shares”) and no convertible notes in consideration of 100% of the issued shares in Wiyot S.A.
(ii) Celaric Continental Limited (“Celaric”) will be issued 120,000,000 fully paid ordinary shares and no convertible notes in FMJ (“Celaric Shares”) in providing Consulting Services in the acquisition of the 100% issued shares in Wiyot S.A.
(iii) Mainstar Investments Limited (“Mainstar”) will be issued 40,000,000 fully paid ordinary shares in FMJ (“Mainstar Shares”) in consideration of 75% of the issued shares in Ji’an Resources Investment Limited.
(iv) United Delight Holdings Limited (“United”) will be issued 15,000,000 fully paid ordinary shares and no convertible notes in FMJ (“United Shares”) in consideration of 25% of the issued shares in Ji’an Resources Investment Limited.
(v) The Vendors Shares, Celaric Shares, United Shares and Mainstar Shares will be held in escrow by a nominated escrow agent.
(vi) The Vendors Shares, United Shares and Mainstar Shares will only be released from voluntary escrow upon confirmation of the potash resources in Zhilyanskoe to be no less than 1 billion tonnes in accordance with JORC standards and, if the resources of Zhilyanskoe are less than 1 billion tonnes, then the shares to be released from escrow to the
Vendors, United and Mainstar will be reduced in proportion to the confirmed resources.
(vii) The Celaric Shares will only be released from voluntary escrow upon confirmation of the potash resources in Chelkar to be no less than 1 billion tonnes in accordance with JORC standards and, if the resources of Chelkar are less than 1 billion tonnes, then the shares to be released from escrow to Celaric will be reduced in proportion to the confirmed resources.
(viii) In addition to this voluntary escrow, all those shares will be subject to the additional escrow
requirements required by the ASX listing rules.