Ann: Positive PFS Results for Razorback Iron Ore Project, page-698

When they bash mgt they also bash their own stock as both are magnetite.

I dont think mgtod options will be an issue .
options are linked to share price. If share price bumps up say from 5.4c to say 6.4c, options should rise to 0.03c.
The company will not want to lose this easy funding options. Same thing happened with mgtoc options which spiked a lot near last few weeks after been in a lull. We have 3.5months to exercise.
For every seller they is a buyer so someone thinks the oppies are going to increase.

its all part of the dfs plan , next ore, increased through put to boost the share price for options conversion. One offtake for the iron ore high quality fines should be enough . Imo 15c by dfs is very possible and oppies should follow up. Directors have skin in the game so they will want this to succeed.