KOO - You are going to have to point me to where the Jan.31 financials say they paid off $14.172mm leaving a balance of $15.828mm. In the Q3 (Jan.31) MD&A on Page 17 they state that they had paid $15.5 mm. That would leave $14.5mm owing. In the Q3 (Jan.31) Interim Financial Statements on Page 8 in Note 5, they say that $14.537mm was outstanding on the loan. In the financials for Cash Flows, they state that they had paid $15.463mm which fits the above.

In the Final Short Form Prospectus on Page 8, Note 5, they state that $14,536,692 was owing on April 30/19. That is the exact $14.537mm that they also stated was owing on Jan.31. As I see it there does not seem to have been anything paid on the Q4 (April 1) PP. 

Who knows when we will find out what has actually been paid down? They report it to us as what the effect would be if they paid the 50% but don't confirm whether or not they actually have paid it. Jan. 31 was the last time we got any confirmation. The year-end statements should confirm to April 30 and last year they came out on July 30th. We will still be wondering whether the 50% was paid down on the recent PO.