Jinchuan have now agreed to restructure the Convertible Note...

Jinchuan have now agreed to restructure the Convertible Note facilities so that half of the Convertible Notes (161,538,461) will be become a secured loan with Albidon Limited being able to repay this loan from cash flow in the foreseeable future. The balance of the Convertible Notes (161,538,462) shall continue to be held by Jinchuan and may be converted to equity at the same time as a proposed future capital raising that may involve the company?s other shareholders.

Looks very good to me as existing shareholders may get chance to share in SP upside and maximum dilution now reduced by 1/2.

Once terms on long term debt cleared up and production costs continue to reduce this stock is headed for 30+ cents.