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2,198 Posts.

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05/12/20

14:04

Post #: 49366067
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Originally posted by Naughtpatjoe: ↑

Hi Bayhunter:
"When settlement of the con note happens on Monday I expect a company announcement. The terms and conditions of the con note have been discussed plenty."

It may not be Monday the 7th Australian time zone. I stand corrected if I'm wrong, but one would think it will depend on where and which time zone the contract was arranged and signed. Was it in Namibia or in Canada? If Namibia they are 8 hours behind Aust/Eastern Standard Time (AEST), if Canada Ontario 21hours AEST behind.

I doubt we'll know until close of trade Monday if Namibia, and the following day if Canada. However, my caveat is: 'have the directors allowed for the time slippage of the zones or has the date been given as specified on the contract?' we can't be certain which applies.

I do have a worry, and that is, if something has already been arranged then surely on the 'Continuous Disclosure' basis of the ASX rules then that surely should have been released, if not, the process is being cut very fine and desperate at the very least. It leaves many of us SHs on tenterhooks, this is a critical period.

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Really clutching at straws when you talk about time zones to get an announcement out on the day of expiry.

LPD Price at posting: 0.8¢ Sentiment: None Disclosure: Not Held
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Last 0.3¢		Change 0.000(0.00%)		Mkt cap ! $25.76M

Open	High	Low	Value	Volume
0.3¢	0.3¢	0.2¢	$3.547K	1.238M

Buyers (Bids)

No.	Vol.	Price($)
76	74093774	0.2¢

Sellers (Offers)

Price($)	Vol.	No.
0.3¢	74739058	46

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No.	Vol.	Price($)
76	74093774	0.002
110	255137668	0.001
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.003	55848820	42
0.004	38043511	46
0.005	14050066	15
0.006	4150999	9
0.007	1089094	5

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