Cannot the con notes be paid out in cash anyway? Means they wouldn't be converting. My understanding was they got a lifeline via the con-notes with some expiration date.... not sure what that date is and not sure what % interest on-top of the loan amount .... but I'm sure the notes can be paid out in dollars not shares.... or perhaps rolled over for new notes hopefully of lessor amounts.
I agree with others that gold at the prices we have today trading out of this self induced hole is the way forward. We need the details for the last 1/4 now to see WTF happened for Oct, Nov and Dec 2018.
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