CLE 0.00% 0.1¢ cyclone metals limited

can someone tell me, page-7

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    the ptions conversions have mostly beenunlisted options due to expire prior to end of this month, if not converted then the value is lost.

    Reading the options exercie form it is my belief that option holders (including me) will be given the chance to exercise prior to any return of capital to shareholders, I hope so because otherwise they will have to be exercised before Oct '08 anyhow.

    Does anyone read this differently to me?

    Turnover and price in both classes picking up today.
 
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