The convertible debt is something, which will keep to some...

The convertible debt is something, which will keep to some extend the lid on the share price till its resolved. Its basically almost 100% sure, that the debt will be converted into shares and the Nebari Gold fund will own around 10% of the company. I very much doubt the fund will dump it into the market for several reasons.
- The size is too big to be absorbed by the market and the holder would anyway need to report the changes in the holdings, so as soon as the market sees any gradual reduction, the share price would crater. And that´s far from the intention of any holder.
So the fund has 2 options, depending on their view, objectives, needs and overall strategy. Either they hold it as a strategical asset with the intention to capitalize a nice profit on it in the medium to long run, or they find (potentially with the help of the company) an important investment group, which would like to take on this strategic share of equity. Potentially it might be more than 1 entity. I suppose they will choose to sell at least a part of it to some institutional investor. In any case, until some clarity is reached on this, there will be still some uncertainty and shadows souring the share price. But remember, even if we are "diluted" by 10%, the company has still a tremendous potential. Its just a question whether the management can execute their plan.