cosideration for entering finance agreement, page-6

Looks Good or am I reading this wrong

From the MOU announcement:

The MOU provides for DI to arrange two tranches of funding, the first of around $30m at the end of 2008 (First Financing), and the second of around $250m at the end of 2009 (Second Financing), subject to achievement of agreed project milestones.

and

The MOU also provides for a success fee consisting of 2% of the funds raised, and a staged incentive of up to 80m share options exerciseable up to 30 June 2011 at 25c, convertible on completion of each stage of the funding. The options to be granted are:
(a) 10m options to be granted immediately under the 15% rule, exerciseable on success of the First Financing. These options may be exercised early if CXY is in material breach of the MOU, or if a change in effective control of the Company may occur by one of a number of means;
(b) a further 20m options to be granted subject to shareholder approval at the next Annual General Meeting of the Company, exerciseable on success of the First Financing; and