Ann: Proposed issue of securities - TMZ, page-17

For $10 you get a very welcome opportunity to convert at any time in the next 3 years (if you choose to) and to sell for 20c / 50c / $1 whatever the sp may be ... especially when all the jorc's are finalised and equal over 100m silver equ .... drilling confirms more resources ... and if POS / POG and tin prices increase as expected over the coming several years. It is a no brainer .... Like an insurance policy.

They have decided to reward shareholders with these options to keep us on-side considering that the yanks got a bargain in the last cap. raise.