82% of options converted by holders

Excellent announcement just submitted from the company. I wasn't expecting such a large take up when the Appendix came in after the expiry had taken place.

This means very limited placement of shares to Patterson's and we will see very quickly whether they will stick around. I must say I stand corrected and maybe we will not the worst case scenario we had anticipated. Very good fundamnetals still intact and we await the next Castle Hill drilling campaign..

GL