Ann: Flinders enters non-binding Terms Sheet with BBIG, page-25

so let me get this straight, if this goes through I will have shares in 100% of FMS which will only own 40% of the piop plus Canegrass, in return for a 5 million dollar loan from PIO and TIO will fund then the next stage leading up to the FID unless they decide to sell 50% of that to Aquire further funding from a third party which is most likely if they don't have the funds, is this correct and if so how is this supposed to add value to my shares if we are essentially giving away 60% of the PIOP which is worth Billions, I'm struggling to get my head around this and I'm sure that's what they want. cheers Sharkie1