The next annpuncement will probably be about the convertible...

The next annpuncement will probably be about the convertible note. We have $200k due end Aprill convertible at 0.8c and another $600k due by June and convertible at 0.5c. So potentially another 130mil shares on issues.

Also a few of the unlisted options are expiring and only have 1c or less payable.

The convertible notes have previously been rolled over. Will be interesting to see if that happens again. A positive if it happens.

Regarding the 50mil PNOO, I assume it is a related party to JP? Thats how its worked in the past.

If so, it only furthers my opinion that PNOO will be extended. To many PNOO in JP friendly hands. Nobody wants to stump up 1.5c, including myself.

I know we want/need the money, but they will still be extended IMO regardless of sp.