LOM 0.00% 7.0¢ lucapa diamond company limited

Ann: US$15M Debt Financing for Development of Mothae, page-13

  1. 897 Posts.
    Can anyone say for CERTAIN that there will be any dilution? If says that they 'may' convert the last 2 'scheduled' payments into shares.
    Is LOM obligated to take the full 8 tranches?
    If not then tranche 5 and 6 could, for example, be the last two payments.... but they aren't the last two 'scheduled' payments.....
    Just me pondering out loud...
 
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