Ann: Restructure and Refinance plan, page-19

"Octagonal Resources Pty Ltd and its related companies (Octagonal Group) are the Company’s largest shareholder and largest single creditor. The Octagonal Group has conditionally agreed to a majority debt to equity swap by way of participation in a proposed rights issue that would involve an up to $5m equity investment in the Company. This may result in the Octagonal Group becoming a 20% to 25% shareholder, depending on subscription levels by other shareholders. The support of the Octagonal Group is conditional on, among other things, the re-capitalisation plan being agreed to in principle by all stakeholders including all other creditors prior to 1 March 2019."

Octagonal becomes a 20 to 25% shareholder so does this give an indication of what the CR will look like?
I am all for it and would stump up more cash of course after reading the fine print. But seems a way forward still a few hurdles to get over but all will be revealed next week. I am only a small shareholder of course everyone has their own agenda but sounds like a plan.