I might be wrong but if you listen carefully from 41:50 minutes...

I might be wrong but if you listen carefully from 41:50 minutes of the webinar this is what the CEO has mentioned about the financial position of the exploration program. I have also copied the link for you.

https://youtu.be/k6lUcC36duQ?si=B17rGheapKde274K&t=2513

The CEO's Statement: "So, there's a number of um options that are out there that are in the money that uh we've got some commitments on um to raise about 3 to 4 million Australian dollars which would fund the exploration plan that we've got in front of us in 2025."

And today's Options conversion coincides with his statement. I'm feeling very excited about this program.