Ann: Trading Halt , page-12

Seems to me that this disills down to:

The existing holders of convertible notes (the bank) are extending access to a further 6.655mAUD in exchange for 800million new shares thereby increasing the register by ~25% but getting the project some working capital.

Sekoko is relinquishing its stake in FSE (worrisome - but makes me feel that TT has probably a negotiated a personal stake in Ariona - which in turn has a stake in FSE).

TT is cosying himself into bed with FSEs bankers.

Project has cash to move forward but the cash comes with conditions.

Positive progress I think.

Interesting that they didn't reduce the register though.