Ann: Conditional Grant of Options, page-3

They haven’t had Directors Fees for more than a year to 2 years, so this is a great way to reward them for hard work!. I don’t have a problem as long as they get this to finalization. I did some simple numbers based on issued shares of 5 billiion (we pretty close to that), expected production of 2.2m tons a year at current prices of $385 (about R7,000). That works out to about R3 per share a ton, and we currently trading at R0.60. Looks like a lot of “meat” still left. Exciting!! Correct me if I’m wrong please. DYOR