The first lot of 1 million @ $0.112 should be exercised shortly...

The first lot of 1 million @ $0.112 should be exercised shortly one would think and add $112,000 to cash balance.

Then there are a further 8 million @ $0.20 which could result in up to $1.6m, just depends on price action.

I see the price rising and suspect a lot of these will be exercised in the coming week or so..Infact I think yesterday we saw some of the $0.20 option holders selling at $0.22 in order to exercise their options making an easy 10%