I like this announcement that 3,250,000 options have been provided to EEG management, which can be exercised before 31 December 2014, @ 35 cents.
This shows a strong confidence in the management team in EEG, that between now and 31 December, 2014 the SP of EEG is very likely to be in excess of 35 cents.
To make it worthwhile for management to convert the options the SP is probably forseen to be in excess of 40 cents.
This is an extra comfort for investors in EEG, between now and 31 December 2014.
Ann: Appendix 3B , page-2
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