We have on issue now
732884794 fully paid shares
182457424 31 DEC 2021 options @ 4 cents
6000000 31DEC 2022 options @3.1 cents
58693180 31DEC 2022 options @3.1 cents
5209206 PERFORMANCE RIGHTS
So the 4 cent options will represent a very large dilution if they get in the money and they are all subscribed for .
It would be similar numbers to the large capital raise that we have just had but at a higher price .
The 3.1 cent options would be only about one third the dilution .
I thought they needed them to fund Cervantes but they tell me that is not the case .
Maybe the pre payment Announcement might be better in early JAN , lol .
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