"For months 11-24, Lind may convert any oustanding amounts into shares."
There-in lies the confusion :
The 1st 10 months after April 20th is to Feb 20th [i.e the end of 10 months] but the 11th month begins the day after Feb 20th which is Feb 21st. So they can convert Feb 21
Ann: Mining of First Ore Block at Granville Tin Project, page-75
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