Ann: Company Presentation, page-20

Yes, I've considered the potential dollars that might come in the door if the BLKOB options are in-the-money before expiry on the 12/10/20. I've also given some thought to the alternative outcome : BLKOB options end-up in the same basket as the BLKOA options that expired worthless. The latter is probably one of a number of reasons why I think BLK will bundle an Entitlements Offer with their other Stage (1) funding arrangements. History suggests that CR's manage to feed the hungry BLK beast for a short while....until the next CR (refer @hotcoppa's timely post: https://hotcopper.com.au/threads/ann-company-presentation.5203948/?post_id=42717344)