Ann: Cliff Head Sale Update, page-28

I was the donkey selling 2.5 million options this week as I was uncomfortable with the premium ie 0.7 to 0.8 cents for the option with exercise price of 2.5 cents is getting close to double the current 1.8 cents for the shares.
was burnt a little with the last share issue which reduced share price but left the options out to dry….so sold options to buy the shares in a defensive move in case the drill isn’t great - yes, acknowledge the options have more leverage but……and still believe in the short and long term future of TEG