Ann: Pembroke Drilling Identifies Zones of Deeper Mineralisation, page-45

So just to go full circle on topics again.
Lind doesn't need to convert until the share price rises, 20 business days after the first day of the last 5 consecutive days at .014, which won't happen until ANW begins selling tin or spectacular drilling results from Mt Cobalt. Neither of those two things will happen until at least next week, early April, so Lind might as well defer conversion until May almost, with the possibility that they get 5 days at .013 or less. They obviously don't expect ANW to pay anything back March 23 has passed.