All shareholders have the opportunity to vote. If we have a clear pathway to being fully financed and we don’t need those free options being exercised to raise additional funds, then I will be voting no on the options, and I would imagine anyone else who wasn’t issued options will do the same.
If the options get voted down, and this cap raise is only 6m (which is being suggested), then the dilution will be minimal (roughly 86m shares).
I see the best case scenario from here being a 6-7m raise, options voted down, obtain full financing, and production next year. If all that happens I’ll still be very happy.
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