gold success wont move the sp much unless its SIGNIFICANT & even...

gold success wont move the sp much unless its SIGNIFICANT & even in that case they dont have much funds to mine, their best option would be to sell to a miner

phosphate they're treading lightly as they stuffed up big time last anny and phosphate prices havent moved in a big way (see MAK)... yet

as to options
at the current sp, there wouldnt be too many holders willing to convert, nor will there be many buyers if sp stagnates. Remember they expire Dec 2010 & unless they sell a few trinkets from the family jewels or Phosphate or Mulligan comes thru we'll be looking at another cap-rais before end of year

Mgmt shd be kicking some serious butt to finalise Mt Mulligan