Ann: Vector Completes Acquisition of Adidi-Kanga Gold Project, page-187

Was questions regarding the financing arrangements which I thought were quite ambiguous.

1. With the Convertible notes has the interest payment been capitalized into the USD$1.20 price (ie. repayment actually USD$6 mil at the end of the term)
2. With section vii. of appendix 2 - Conversion Pricing is this to be based as the higher of the two at time of conversion or the lower of the two? ie. has a floor conversion price been set?

@beisha I assume you mean 2.5 bil SOI not MC.

The way I see it we alreayd have 2.135 bil on issue with another USD$5 mil to be issued on completion of DFS (which should be this year) + if we get new financing set up I expect there to be fees to set this up to both the lender and 'advisers' + any fees payable in relation to the other acquistions + ongoing exploration and admin costs.... I personally think 2.5 bil is the minimum by end of year.