Ann: 12 Month Loan Maturity Extension, page-4

Per the last quarterly (30/9/22) it was $29.3m, add on interest @ 12% for 3 months and I'd estimate the balance at 31/12/22 would be somewhere around $30.2m. Add another months interest and it will be around $30.5m, so the 2% fee will be around $0.6m giving a total of $31.1m.

Extract from the last quarterly:


At the current MC, only a huge equity raise (leaving current holders with well below 50% of total shares on issue) could repay the debt, then OCP would own 70%+. I could easily envisage a share consolidation and the stock becoming even less liquid than it already is.

I hold in the hope of some amazing hole(s) that gets the SP running, at which point I'd sell as my gut is telling me that this is only going to end one way , being 90-95% down doesn't assist with any positive vibes, please DYOR.