Ann: Appendix 3B - Convertible Note, page-2

A whopping 14.5B shares if all options and  convertible notes converted to shares.

LISTED SHARES & OPTIONS

7,100,658,916 fully paid ordinary shares

2,822,287,341 options Fully paid ordinary shares Options exercisable at A$0.006 before 5.00pm (Perth time) on 31 August 2017

UNLISTED OPTIONS

260,000,000  Investor Consortium Options exercisable at $0.0695 per option
200,000,000   Noble Options exercisable at $0.0695 per option
260,000,000   Wafin Options exercisable at $0.0695 per option

PERFORMANCE RIGHTS
3,956,839   2014 LTI

CONVERTIBLE NOTES

Hanlong  167,500   $2.5 million 5 day VWAP average preceding conversion
Noble  200,000 $100 notes convert at 3.0c to 666,666,667 shares
Investor Consortium   240,000  $100 notes convert at 3.0c to 800,000,000  shares
Wafin  400,000   $100 notes convert at 3.0c to 1,333,333,333 shares
2015 Investor Group   70,000  $100 notes convert at  1.0c to 700,000,000 shares
2016 Investor Group   13,000  $100 notes convert at  0.35c to 371,000,000 shares


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