The Funding Agreement includes repayment provisions that allow...

The Funding Agreement includes repayment provisions that allow for conversion into Blackham shares (‘Shares’, optional cash payments, or early repayment at the Company’s sole discretion at any time. A lock‐up provision restricts conversion of debt into Sharesfor four and a half months until 14 February 2019, two weeks after the expiry of the Company’s 534 million listed options which are exercisable at 8 cents per Share. Any proceeds from the exercise of listed options will be directed to repaying Note 1

^^ That is the sign of buying to get the options in the money. No fund is going to let that go