82% of options converted by holders, page-19

Ok, had a bit of a look on KMC and the recent PXG announcements (haven't been watching too much lately). Answered my own question, 50,000m to drill in remaining year. If alex's statement on PXG is true (question why this had been leaked on HC before release?!), then PXG are definitely looking to secure the KMC mill - either to lower toll treating costs or take control of mill altogether. The mill is the perfect fit for PXGs 3-5 year plan. With fairly low grade ore which PXG has, I think that trucking to the other two mill options would eat away a lot of the profits, and also I expect the toll treating costs would be higher at the two larger mills.