Ann: TP 15 Farmout and Share Purchase Plan , page-9

d_crome heres your answer.

These funds will be applied to UK and
other Australian exploration activities, operating overheads and to provide interim
bridging funding of TP15 and EP413 activities whilst the farmout of those projects is
formalized. Any funds outlaid by Norwest during this bridging period will be
recovered from the prospective farminee assuming the transaction proceeds