William
You want me to explain the difference between a convertible note and a straight working capital facility?
C'mon. You can do a little research yourself?
Look, you may be right - it may be a con note but given the language used I very much doubt it.
Perhaps someone with a direct line to KP could ask the question?
@ Kookaburra
I agree with you. KP will use this facility sparingly imo and as late as possible - the higher the price the less the dilution.
At face value a very good deal struck by KP here imo.
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