Merryl Lynch Covertible note: should only be about 21Mill owing now.
Patersons est 4.5mill paid by final quarter this year, although Nido financial notes show a little less.
Im hoping we keep the debt and pay it off, but I doubt thats going to happen.
Merryl reset at the 6mths reset at 8c, so before too much debt is paid, they will probably convert and clean up. Dilluting our shares. meaning we have paid more the 8%.
Feel free to correct me, im no accountant.
ndo pumping oil and strong, page-34
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