So enlighten me please Daly/Dynamo in this current macro...

So enlighten me please Daly/Dynamo in this current macro environment with "all metals" plumbing new lows and have been under performing for the past year or so and no sign of a bottom with the exception of zinc, which metal/metals do you think would be generating a profit for IBG if they had of converted the 50m Glencoe notes?????
For the cost of massive dilution to the IBG register through the notes been triggered IMO the return would at very best be minimal if any at all and the SP would still be floundering.Have a look at the junior ASX producers and tell me what you see????

If anything well done management for holding off thus far and sparing all holders from massive dilution. Would make more sense IMO to renegotiate the note deal once Citronen is either in or near production which would allow the company greater leverage to negiote a much better deal on a rising zinc price.