Sorry my fault Xmanrock said: my interpretation of the latest...

Sorry my fault

Xmanrock said:
my interpretation of the latest ann is it is an attempt to indicate future possible positive prospects ahead of a CR.

IMHO
Investec planned to get not only interest on loan to TRY from the very beginning.

28 March 2017 ANN:
INVESTEC FACILITY RESTRUCTURE
As part consideration for provision of the Facility, the Company has agreed to the granting of approximately 28.5 million options over Troy ordinary shares to Investec with an exercise price of A$0.18 and a two year term. The 10.0 million options previously granted to Investec in June 2014 will be cancelled.
May be Investec quietly accumulating TRY shares since then.
It could be CR after last ANN: TRY will sell Investec 38 mill shares for 10c =AU$3.8 mill.
TRY will pay to Investec quarterly loan repayment US$3.mill.
Investec will buy TRY shares on them and will continue accumulate till SP will be 18c, then they will exercise options and will pay to TRY AU $5.13 mill.
TRY will pay to Investec for loan and Investec will buy TRY shares on them. TRY SP will go above 18c.
I think it should happen before late March 2018.