82% of options converted by holders, page-20

If PXG are cornerstone, I expect them to only cover the minimum of $6.5m. This still leaves PXG $3-8m from mining Catherwood (depending on milling) I hope that PXG will announce plans to mine Carherwood if an announcement comes out about them wrt KMC. So, I am still positive this will be a good move in the long run.