Ann: Board Update, page-21

These are the loans for (current) directors that were due nov/dec last year:
Rex loans were:
2012 2M shares @ 0.139 = $278,000
2013 2M shares @ 0.04 = $80,000
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$358,000

Paul loans were:
2012 6M shares @ 0.0847 = $508,200
2013 2M shares @ 0.04 = $ 80,000
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$588,200

Together $ 946,200.
Personally I think that the loan repayments shown in the half yearly were either eligible TNG employees or Stuart Crow repaying some of his loans.