The company had all the money from the early excise of options when it looked like the price was still heading north.Hence some unhappy option exercisers.Suspect they demanded a sweetener....include the directors who exercised early.
I'm happy if it accelerates stage 2.
Even if we get bonaza results from Millies, that won't put money in the bank - infact will almost certainly lead to more drilling to infill.
WE need some big offtakes and doubt whether this will come until stage 2 is underway.
...just trying to look at the "glass half full" scenario.
Ann: Trading Halt, page-25
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