As it stands Daws has close to 50 million options at his...

As it stands Daws has close to 50 million options at his disposal with a range of expiry from 2c to 20c.

The esro options fiasco, he had 58 million options and managed to convert only 400,000, leaving 57,600,000 options to fall in the hands of Regal.

Now he did have a chance to sell some heads in Novemeber 2020 at well over 20c, to finance the conversion of his esro.

My question is this, with near too 50mil options in the kitty, why is it Necessary to gift a further 3mil option on the 15th of March?

I don't understand why these options are being gifted to someone who previously was unwilling to convert previous opportunities.

Does anyone else have a different take on this?