Ann: Essential Metals Share Purchase Plan raises $2.14 million, page-3

they need to issue a prospectus to issue that many options

thats why it took them so long to get the NR out - they were working out how many extra / over subscriptions to take

and if to do without a prospectus or to do more and then have to do a prospectus

complicated yes

annoying yes

are they doing the right thing in relation to this specifically - yes