I haven't read beyond the first page of the annual report as yet.
I am pretty sure the non-cash charge relating to the convertible notes was mentioned in the prospectus as well as the interim report.
The positive thing for NFL with the pricing of glycerine is that because they use palm and soy oil they can market the stuff to halal and kosher food producers which attracts a higher price, as biodiesel producers that use tallow as a feedstock can't sell to those food producers.
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