Hi the goodoil, if you were going to do it that way then you would need to take 10% every 6 months and compound it for 18 months. That assumes they don't "pay" the interest but just add it to the loan amount. But even that only works out to be USD 930k. So still a bit short.
But it says in the cashflow report
"with a repayment of US$1,050,000 due on maturity and interest paid half yearly. "
https://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvTDYD5gy0yRWZtuV6ke92GA==
So to me it looks like you are paying the interest every 6 months plus USD 1,050,000 on maturity.
Ann: Change of Director's Interest Notice - A. Kabunga, page-23
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