talbot leaves! and his money?

KURT TALBOT THE MANAGING DIRECTOR OF TCW'S ENERGY AND INFRASTRUCTURE GROUP AND PROVIDER OF THE US $150M INTERIM FINANCE SEEMS TO HAVE HAD A SHORT STAY CONSIDERING THE APOINTMENT WAS ONLY ANNOUNCED IN APRIL THIS YEAR AND HAS RECENTLY RESIGNED IN MAY. HE WAS INITIALLY APPOINTED TO THE BOARD PURSUANT TO NOMINEE RIGHTS STIPULATED IN THE LOAN DOCUMENTATION.

THE REPAYMENT FOR THE INTERIM FINANCE IS DUE IN OCTOBER 2009 AT A NOT TOO SHABBY 20% COMPOUNDED PA, KURT IS NOW LEAVING, LETS HOPE HE IS GOING BACK WITH A GOOD REPORT OR NOT?

PETER THOMAS IS ALSO LEAVING THE BOARD BUT WITH A FONDER FAREWELL, ON THE GROUNDS OF CONFLICT OF INTEREST, AS A FUTURE IRON ORE PRODUCER WE ARE APPARENTLY COMPETITION ALBEIT SOMEWHAT SMALLER!!