Von, there will still be big players who would like a substantial position here, so my thoughts are there will be a constant pressure to raise. Boards play safe in those situations, but I hope we can get a few holes out of Pebas first.
Another possibility would to offer early conversion of oppies. Say one new oppie at 5c, 2 years, for every two exercised now at 1c. Would you go?
Ann: Quarterly Activities Report, page-33
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