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Ann: Response to ASX Appendix 5B query, page-113

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  1. 1,247 Posts.
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    SJ, the options going to Aahana apparently have a production milestone attached (100,000T) they won't be exercised for a while. This just means that when they do, the price will likely be a hell of a lot higher than if TO launched now.
    (I dont know why the announcement said they will be converted, maybe someone else can clarify this next time they speak with management)
 
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