Material Funding Proposal, page-2

Hope you are right
Maybe they needed cash now and couldn't operate till they were exercised so they get the bad news out the way which in reality is just a slow start up and no cash to keep going

I know sounds bad because it is
So get it out there
Price crashes
Boo
Presto new funds from some private deal
Yay
At a cheap price relative to a month ago
Boo
But now we can mine and recent grades are amazing
Yay
Retail shareholders have been blown off
Boo
Option holders and share holders in the know are ok
Company survives
They keep there jobs
Yay. Sort of