Time for me to turn off here. What they say is true - never argue with an idiot, they will drag you down to their level and beat you with experience. FYI, what I posted originally is below. Nothing I've said has been incorrect, whereas what you have is in fact incorrect. And most decent investors do price in options/performance rights etc, especially when they're in the money.
GLTAH
Ann: Mineralised carbonatites intersected over 3.5km -West Arunta, page-175
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