I find it somewhat strange that since Tiger extended its loan...

I find it somewhat strange that since Tiger extended its loan facility with Taurus, nobody on this TGS post seems to have expressed any concern over the terms of this facility. $75m @ 11.0% that is $8,250,000 interest pa. plus the issue of 55 million options, which when exercised at 0.10c amounts to a further $5.5m etc, etc. Im no accountant but these seem like crippling terms?
What chance longer term finance? When the pressure is on, re the fallen copper price, the sovereign risk of the Republic of Congo appears to make things worse. I would think Shareholders are at substantial risk at the moment? Hope the early signs of a copper price recovery continue.