this could fly, page-9

Hey Nathan. Here's the whole deal.
I assume they sold the up front options.

Key terms of the option agreement are:
? 18 month right to exercise option to acquire 59% interest in the
three Farms;
? Upon exercise of the Option consideration of 250 million Ordinary
Fully paid Shares in Nkwe (?Consideration Shares?), or a
combination of a portion of the Consideration Shares together with
a cash payment (the maximum cash payment being the equivalent
of 50 million Consideration Shares at a 10 day VWAP);
? Option fee of 15 million options (90 cents, 30 June 2010) 50% up
front (7.5m) and 50% upon exercise of the Option (7.5m);
? Agreement is subject to all relevant regulatory and shareholder
approvals in Australia and South Africa: