What am I missing?, page-157

Only 2 you think? Doesn't seem to me like you have put a lot of thought in to it.

Let me give you some more options

3. The loan is extended for a further period of time. Most loan facilities held by held corporates are for short terms (5 to at most 10 years) and are renegotiated at regular intervals.

4. The loan is paid down with capital raise funds (as mentioned in the Notice of EGM) and the remainder is renegotiated.

5. The loan is repaid in full by the funds raised in the CR. RRP have not given a cap to the maximum amount of funds they will raise in the CR. The only requirement is the issue of 25m (post consolidation) OR 250m (pre consolidation) shares. I see this option as highly unlikely as I believe Taurus will want minimal dilution.

6. The loan is paid down by CR funds and the remainder of the facility is converted in to RRP shares to allow Taurus to increase their holding (after re-listing and re-compliance).

7. The loan is converted to RRP shares, after consolidation and recompliance.

Options 6 and 7 would be subject to ASX rules.

You seem to imply the 87.8% shareholder (who doesn't want to have their shareholding reduced, apart from CR dilution to meet 20% free float) will put the interests of themselves first, to the possible detriment of the company they hold 87.8% of. Not in my opinion.

I am all for non holders presenting factual information on this thread, but I would prefer it to be well thought out, well considered and well articulated.

I have seen your posts on this thread, you seem quite knowledgeable, but thinking of only 2 possible options is making me rethink.