extending the maturity date from January 30, 2009 to April 30, 2009 and changes the pledge portion of thesecurity associated with the bridge loan from a pledge of US$7.5 million worth of the convertible securities issued to PetroHunter in connection with the Beetaloo Basin transaction (the "Convertible Securities") to a pledge of
14,500,000 .
To double the facility and increase the bridge loan by three months is the part I found interesting as it tallies with the future expected share price forecast by the company. Is this confidence or gaining time ?