Ann: Pumped Storage Hydro Update - Feasibility Optimisation, page-23

I think you mistake me for someone with sway! If you look through my previous posts on GNX you'll find that I've been wholly objective and very supportive. I certainly didn't raise this point to try to influence the share price but rather to highlight it in case anyone wasn't aware.

I'd rather the share price went up. I only ever want the price of stocks I own to go up. I'm a long term investor, not trader. I'm not skilled enough to trade on dips etc.

That being said, if all the options get taken up I see 2 impacts. Firstly, yes I think logic dictates that there's some sort of rationalisation to accommodate the increased number of shares on issue, through however that happens. Secondly, the cash from the options would reduce the CR requirements.

How all this plays out, I don't know. It's not a game to me, I'm just delighted to own GNX stock at this stage of the company's development