Um, no. The right to decide whether to convert the shares...

Um, no. The right to decide whether to convert the shares remains with Aurelia, not Glencore. As under the original agreement, Glencore has no say in it -which is why they tried to drive us into bankruptcy and then get influence via the administrator. Thankfully Pacific helped us block that. Imo they (Pacific) are very interested in becoming a major shareholder (40% or more) in Aurelia for the long term. Personally, I 'd prefer all three bigs (Glencore, Pacific and YTG) being kept involved - from the POV of a small shareholder that balance of power will continue to be the best guarantee against any new shenanigans by any single player ...