Ann: Quarterly Activities Report-PZC.AX, page-8

Did you see this paragraph from the annual report @strauss ?

Looks as though a quick sale of the project would be great news for the company, but not sure you'd wanna be around for too long based on this:

"The Company notes that there is a risk that if the dispute was not able to be amicable resolved in the future, an adjudicator may interpret the revised repayment terms as requiring the sale of the TCM Project to have completed by 15 June 2015, rather than an arrangement simply having been made. Although the Company is hopeful that an amicable solution can be reached, Shareholders must be aware that if repayment terms for the Kopex Loan cannot be agreed then the matter may be referred to arbitration or to a court of law and the Company could face insolvency in the event of an adverse ruling or settlement. If the sale of the TCM Project does not complete or if the Company is otherwise required to repay the Kopex Loan itself, then it may be required to draw down funds under the Convertible Note executed on 12 April 2015. Alternatively, the Company may be required to seek additional funding in order to repay the Kopex Loan. There is a risk that such funding will not be available to the Company on reasonable terms or at all."