Ann: Loan Agreement , page-10

Spartikas - for now nothing happens to your SBL shares. You’re still free to trade them on the ASX as you see fit.

As for LG reaching a 90% threshold to add to what Uber outlined, its well worth reading again the final paragraph of Section 6.12 of the Target Statement to firmly understand the possibilities. (see ASX Release 28/12/2011).

In essence in the event of LG acquiring 90% of SBL it has another 6 months to compulsory acquire our shares and the price would have to be determined by an independent expert.

Under this scenario if LG ever gets to 90% then we’d still have another 6 months after that for compulsory acquisition to occur/finalise. Who knows they might have the project up and running by then and a re-rating could be in order.

(I must admit I haven’t been down the independent expert path before so I’m not sure of everything it entails).