meeting, page-19

Grudgy, a non-recourse loan means you can walk away at any time with no consequences. In terms of a home mortgage if your house becomes worth less than what you owe you can just take the keys back to the bank and that's it. They have this system in the US.

Therefore, if the shares becomes worth less than 2.2 cents the Director's can walk away and will not need to pay back the interest free loan. Instead we will have the shares on the books. That's my understanding in this scenario.

I am looking forward to the drilling though. Not outstanding results but still worth further exploration.