Ann: Lepidico secures $7.5 million facility & 3B, page-48

Gday Jx, after re-reading the Ann it says tge 230mil shares are collateral shares, my understanding is these are shares held as security against the total of $7.5million and can only find thier way into the market in the event of default of repayment on the loan if used or if the loan is cancelled...or after the expiry 26month life cycle... my understanding is also that in the event of the loan being used the 230mil shares will go towards repaying the loan. ..so if within the 26mth period the price sneaks past the 3c mark there would not need to be anymore money to be paid. please correct me if im wrong, I do appreciate your view and insight.

Regards N8