FAR 3.09% 47.0¢ far limited

Ann: Response to ASX Query Letter, page-175

  1. 14,160 Posts.
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    My prediction.

    Nobody 0$

    Convertible note Finance 12%+++
    Meridian and associated entities, possibly including other top 20 but unknown unpublished list of note holders
    Sangomar Asset held as security

    Annual Capital Raise to fund interest payments, Senegal exploration + Gambia drilling and "corporate purposes" (overpaid salaries)

    If no default then 2023 conversion to repay principal with major dilution of non note holders.


 
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