Ann: Non-Renounceable Entitlement Offer Loyalty Options, page-10

Hey buddy, atm the options are really worthless, value comes in once we pass 50c the conversion price.


Its when ( fingers crossed ) we hit 70c 80c 90c ++ that you will be over the moon you have a few.


In basic terms SP is $1, you convert your options by paying 50c, you can sell heads for $1, you have made 50c minus the initial .005c buy price.


Its also a great way for the company to raise funds down the track ( $12.8mill ) if everyone converts.


Its a no brainer really if you have some small change to throw at it.


Hope that helps man.