weekly drilling report, page-29

dthewitt.
You have to accept that as at todays price the options are worthless in reality.
You have to pay 6k to convert.
Or why bother sending a cheque off, when you can buy on market for the same money.
Thats the reality at the moment, which is why no one in his right mind would exercise the options.
Like i said a week or so ago, this has an add on effect of making the company perhaps $38m worse off.
Your other option is to accept the money is lost and maybe buy lower, and wait for better times in the coming months.