i just had a look at the options conversion form on the rau website - page 2 see below:
After an Option is validly exercised the Company must:
(a) issue and allot the Shares within 10 business days of the exercise of the Option; and
(b) subject to the securities of the Company being listed on ASX and to any restrictions imposed on the Options or Shares issued upon exercise of the Options under the ASX Listing Rules, do all such acts, matters and things to obtain the grant of quotation for the Shares on ASX no later than 3 business days after the issue and allotment of the Shares.
BIG Price at posting:
5.1¢ Sentiment: Hold Disclosure: Held