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Ann: Investor Presentation, page-7

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  1. 411 Posts.
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    12.75m c'notes at 12c ($1.53m) which also come with a further 12.75m options at 15c.

    We want these guys to convert and exercise, but would be prudent to retain enough cash to repay them as markets go both up and down.
 
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1 120000 3.6¢
 

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