Dear Shareholder, on 2.3.17 you wrote:
Q: What is the amount remaining on the second convertible loan note? Is that US $250k left to convert?
For the second loan of US $2 million, as of 3 March 2017 the Company has drawn down US $1.1 million in principal value of which Sandabel has converted US $650,000 into shares and US $450,000 is outstanding. The remaining loan available to the Company, which has not been drawn down yet, is US $900,000.