Ann: Proposed grant of new options to holders of BMGOA Options, page-44

If they get the vote to extend expiry they would be worth 0.005-0.006 at a current share price. This is because the market cap is so low and the drilling prospects so attractive. It cracks me up about people worried about dilution - all micro cap explorers need to raise money on the way up - saying they need to issue more capital shows you have no real experience in investing. To have an extra $6m in the bank would mean they would be set till the resource and due diligence is finalised. Then, depending on what they uncover the market cap could be $50-100M, or ten times current cap. So for now the risk is buying and hoping they get approval to extend expiry. If they do, the options are very cheap imo.