yeah it is a pity - the gold price slump this week (even though its more a USD than AUD thing) probably hasn't helped. It must be frustrating for them.
For the ones I've converted so far it takes anywhere up to 6 working days for the shares to be allotted and the App 3B to be released - so I think that means the ones received in the past few days (which should hopefully be a larger number) will be in an app3b next week - lets hope for a bigger one.
On the flip side if they can start to generate revenue of their own - which is happening - then it does mean a little less dilution from the options (but I'd still prefer them to have the working capital over the reduced dilution).
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