Ann: Exercise of 6.5c Listed Options - Appendix 3B, page-14

well you can pay 6.5c per option and convert them into a ordinary share mxc.
so lets say u have 100k options mxcod to convert all would be $6500.00 u send to the company via cheque or bpay, 7 days before they expire date....u will need the paperwork to get the bpay number u may find it in your computershare registry.

so now at $6500 you would have 100,000 mxc worth say 8c =$8000.00 ( -6500 to convert=1500 profit)
but, big but.....
if you have mxcod 100k and they are worth 3.5c = $3500.00 (3500.00 )

bigger but.. in 2018 lets say in 1 yr mxc is worth 30c , mxcod could be 25c with another year until they expire.

now if mxc was to stay at 6c in 2019 you would loose your 100k options as it would not be worth converting 6.5 when they are at 6 you would lose 0.5c, so you wouldn't do it...

with 2 years to go I am amazed the mxcod are not 8c , surely mxc in 2 years could easily be worth 30c

THIS IS NOT ADVISE JUST MY OPINION

Good Luck
Scott