the devels in the detail, page-3

The total consideration is $35M comprising:

$20M cash and,
X number of shares worth $15M.

Argonaut organises the $20M cash through an equity raising. This is what it states on page 3. However it also states on p 3 that "the equity financing" being done by Argonaut is for about $30M and which confirms what is said in the highlights on p 1. This of course is on top of the debt facility of about $20M beiing organised through New Holland. This $20M is to be used for the purposes of the recommissioning of the gold treatment plant - $10.2M - and for working capital - say about 9.8M.

What I can't reconcile are the statements about the equity financing. If $30M is to be raised and $20M goes to BlueCrest, where does the extra $10M go? There is no mention of that so far as i can see. Is the 30 a typo - should be 20? Comments please!