I'm interested to know what people make of the following line in...

I'm interested to know what people make of the following line in this week's announcement

"Option period is 24 months from the date of issue of the Phase 1 Investment."

The line refers to phase 2 ... whereby sinomine could exercise the option to take up another 10pc at 3.75c or the 5-day VWAP average sp. I hope i have read that correctly.

Does 24 months seem like a very long period, given the drilling and exploration is about to move into another gear? Can sinomine take up that option before the 24-month period ends?

does sinomine think the share price is not going very to be to far from 3.75c in the next 2 years?

thanks in advance for your thoughts.