ann 16 june 2017 "The Convertible Notes are convertible at any...

ann 16 june 2017

"The Convertible Notes are convertible at any time by the Investor at the lower of a floor price of $0.20 cents or a 10% discount from the lowest VWAP over three (3) days in a ten (10) days prior to the conversion date"

8.6c = 10% discount from the 9.4c low.

now how did they manage to time this to the low ? unless it was their selling pressure which caused the low, hence manipulate all you want, prior to a bet on the mining licence, which on a positive run, they sell into.

I'm sitting on the fence here, whether they will push the price lower to cash in, to further discounts, or if the cash can get enough time on the run, to give this some air.

"Both facilities have a maturity of 12 months after their respective issue dates" - october 2017 ? = oct 2018 ?? not sure can anyone clarify?