2250 holders last annual report. At say max 600,000 shares each...

2250 holders last annual report. At say max 600,000 shares each = 1,534,000,000 new shares potentially or $31m oz for the company. That is big. But not all will take it up and I very much doubt it will go external.

I need to spend time reading this as I could be way off the mark just my quick calcs.

Myself I have shares in my name and a trust and by the looks of it I can only buy with one, and not both. So this 2,250 holders will be smaller once you take out these ineligible holders like one of mine.