Ann: Appendix 3B, page-4

Spot on. For that many shares to be exercised this would need to be at least 5-6 c as therevwill not be liquidity to exercise then sell norbthe temptation if so to close to strike price.
I am rnvissging done pump in 2018. When I do not know but it will happen. 3 mil ev - it will not take much to get the mc to 20 million on any decent news or acquisition. I saw Cazaly an ounce a bs announcement on pure hope and it rose 76 percent and trade 26 million. If the need for a pump is there, the pump will occur. U just need to catch it. I suggest put alert for 3. 5 c strike price - when it hits start paying attention and sell when ta overstretched.