"I personally don't understand the loan part. Should have paid...

"I personally don't understand the loan part. Should have paid Danny $20mill less (or made that incentive based as well). Maybe they tried."

the loan part was partly achieved thru kiwidub and others approaching management at the agm and saying that the dilution was too much. the loan reduces the the cr from $50m to a max of $35m with $5m to go to cost of running the business. reducing the cr by $15m @ 1.5c reduces the dilution by 50m shares or a billion preconsolidated. for me I want to thank these guys and it shows how having a relationship with management can help to work thru things. sure there are risks with the repayment but you can't stop share dilution without it.

I am sure Danny would have accepted us just giving him $20m less.