The unlisted options at $0.25 should they be (or should I say, when they will be) converted will then turn into shares. So we have 13,782,226 options that when converted will add just under 3.5 million dollars to the kitty.
The performance rights below are for directors that will be alloocated when the milestones attached to them are achieved. A formality IMO.
Hope that helps mate.
HVY Price at posting:
22.5¢ Sentiment: Buy Disclosure: Held
