looks to me like they ae being squeezed.  In 90 days pay back 1.5 million or transfer the Rodeo operations including the oxide mill.  
The end of June, the company had only 1.8 million cash.  They get the assets they wanted for 1.5 million instead of the 10 million they negotiated.  Unless we can raise 2-3 million, we will lose the Rodeo operation and mill.

Educate me if I am wrong.