What do you make of this statement in the annual...

What do you make of this statement in the annual report?


"Gondwana intends to complete its commitments under the terms of its Exploration Alliance with St Barbara
Limited (2003 agreement with Sons of Gwalia group assigned to St Barbara in 2006) by Q4-2008, by which time Gondwana will have reached its expenditure commitment of $3.0M over the tenements. In the meantime, St Barbara retains the right to toll treat any gold reserves identified by Gondwana; has the right to purchase a 51% - 60% interest in any tenements hosting gold reserves by reimbursing Gondwana 3 – 5 times its total expenditure under the terms of the agreement; and retains nickel rights in respect of the Alliance tenements (see Figure 7)."

1.Does it mean gda will get 3 to 5 times $3m ? i.e., $9m to $15m if St Barbara decide to purchase 51 to 60 % of gold in exploration Alliance tenements.
2.Does it mean gda will receive nickel rights by 4th quarter?
3.which tenements are subject to the terms of Exploration Alliance?
fs.