Here is the detail for the loans at a health 12%.Geese what the...

Here is the detail for the loans at a health 12%.

Geese what the lenders have the right to do. Still not a placement though, ah Pete.

Interest bearing liability. Note 24

The terms of the loans attract a 12% interest payable upon the earlier of conversion or 18 months from
drawdown and allow the holder the option to convert their loans into fully paid ordinary shares at the
lower of A$0.35 or 20% discount to the 5 day VWAP for five trading days on the ASX prior to lenders
election to convert. These loans are repayment within 18 months of drawdown.

Prior to lenders election to convert. @ .35c that's 31m more shares to date.