AVL 6.25% 1.7¢ australian vanadium limited

In the latest announcement "application for Quotation of...

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    In the latest announcement "application for Quotation of securities AVL" on14. Dec where 33 Million + options were converted there is No mentioning of remaining un-converted options left which should be about 150 Million +-
    Instead they show 191.840.270 "Ordinary Fully Paid Options Deferred" Code AVLNC.
    Does anyone have an idea what that means???.
 
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