Ann: Appendix 2A, page-102

Nah ......002 will fall on the Option's soon - then Options will trail heads by .002 of a cent. So if Heads get to .009 - Options will be .007. Even though there is considerable time value left in them , there will be a temporary implied ' discount ' due the fact holders will be playing more a ' wait and see ' what Management does rather than start bidding them up ahead of the Head Stock. My guess is they become ' level ' once they have well and truly found solid support with the heads at 1.2 cents - 1.5 cents.