doesn't make sense, page-25

"But, If they hit the good stuff, pay the $0.20 conversion to heads (about a year or so to convert) and then you can sell them C.G.T free. Best of both worlds with MMRO."

Pocko, i'm an accountant and this is incorrect.

If you hold options (for more than a year) and then convert to shares, you can't sell the shares the next day and claim the CT discount.

You need to hold the shares for 12 months.

Options and shares are separate assets for GCT purposes.

On the other hand, you could sell the options you have held (for more than a year) and get your GCT discount.