I received a reply from Bruce McCracken yesterday very soon...

I received a reply from Bruce McCracken yesterday very soon after I sent my email that said at this stage we’re unable to provide a definitiveanswer on the Options but your points are well noted. Could be usual company spin but imo if they're definitely not going to re-issue them, then why not just say so ? I believe they will wait and see if drilling timing is as planned and make the final call next month. He also said he'll be over there next week meeting with JV partners so hopefully more newsflow not far away. Personally I will be surprised if they meet their target of June 30 to complete the drilling and release results, however I see that as even more reason for them to re-issue the options. Imagine the backlash if the results are released a week or two after the options expire worthless and the results are awesome - it'd be f*ing anarchy ! One way or another the next 6 weeks or so should be interesting.