Ann: Options funding agreements secure $4.3M for Tiris, page-19

Not bad
As others have said we get the cash early and the fees are similar to what you'd expect if raising $4.3m with brokers, printing, etc
Lind looking after Lind as usual but it's a capitalistic world with PAC there for good measure. I wonder if Lind approached AEE or the other way
As long as nothing takes the SP down to $0.05 within the next 5 months all is OK

On the other side though AEE would have a little under 2 quarters of funding at is stands, but the drilling of Tiris East will make up %? of it
They usually send out paperwork for option conversion ~1 month before expiry so they may have been able to hang on without needing this to save on the costs, however, a fine line in running a business

The MC doesn't always include option conversion as it it not always clear if all SH's will convert due to price, funds or whatever, e.g. HC MC

If you do contact the share registry to convert early you will not receive any option to pay via Bpay and will need to send/email in the option conversion form after payment has been made. I requested it last month so am mentioning it from experience