Unfortunately 'no news' for 2 weeks would be BAD for the options and almost certainly lead to a Capital Raising due to the lack of conversion of the options. Conversion of the options at 2c is still dilution but at least it is not dilution at a discount to 2c. If we don't get good assay results the dilution will be from a price less than 2c.
HOWEVER, I expect (hope) the assay results to be quite good and if the CR is at a 20% discount from a SP of 3c we would be raising at 2.4c which is not too bad. Still, I prefer the SP to be sufficient before end of Feb so that conversion is straightforward.
Highly undervalued, page-1342
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