drilling leading up to option conversion

UXA are drilling a number of areas both in South Australia and the Northern Territory and this exploration is likely to continue throughout 2008.

The final date for converting options is 31st March 2008 at 20 cents a share.
With the recent downturn in stocks in the mining sector UXA are fast slipping towards 20 cents and much needed cash could be lost if it continues on down.
Most of the Board of Directors hold these options and they have a problem here themselves.

If few options are converted will UXA consider raising funds from elsewhere and if so, will it put further pressure on the stock?
Hopefully this situation will not arise and good news will raise the stocks price.