sage leads board spill, page-5

....by the way.......this is also the reasoning behind DM's court case IMO. One is to drive down SP so that any potential takeover by TS's group can be done at a lower price. The 2nd and more importnat reason is that if those options get exercised, that will be another 500m+ shares that can be voted against TS board spill and they dont want that so they trying to get rid of them via the court.

As I said before, the court case has nothing to do with the options themselves and a lot more to do with the cloak and dagger tricks they are trying to use to get control back over what is now likely to be a very big Fe deposit !!