KAPO we don't have to cough up US$3mil, we've already paid up to...

KAPO we don't have to cough up US$3mil, we've already paid up to 24% of NCF and there's US$800k to go.

Sam Marks said in his interview with Alan Koehler that they own 33% of NCF. The issue I have with this statement is that the deadline for the most recent extension for payment was 15 October 2015, which is well and truly past, and there hasn't been any notification of another extension (which there had previously). It doesn't appear that we've paid up ..... Poor communication by management and I believe this uncertainty is the cause of the SP being where it is.

Regarding the raising it was the cheapest and quickest method and I don't know why GER needed to come out and defend their decision. They'd be better off communicating whether we have 24% or are going to obtain 33% of NCF.

Have we paid?, have we agreed to new terms?