EDEO Options, page-2

Started wondering how much money might come in the kitty from the Sept Options & how many the Solomons have & if will cough up own $$ to exercise them - in 2016 Annual Report of  TAS on Page 13 says Directors were granted Options in EDEN as a way to convert debt into equity so Greg S was allocated 12,367,635 (will cost $371k to exercise ), Doug S  2,581,072 ($77k) & Guy T Le Page 1,910,072 ($57k).
D:http://www.tasmanresources.com.au/announcements/ee6d1e0c2f3aea090128234c84b556bb.pdf

In 2017 Annual Report though it lists the  Top 20 Option Holders (cut & paste doesn't come across here properly so just scroll down to last page 43) but doesn't segregate them into Expiry dates & prices as such:
https://www.asx.com.au/asxpdf/20170929/pdf/43msdg5c04c007.pdf
but with Noble Energy Pty Ltd (being 100% owned subsidiary of TAS & holding all the EDEN Shares in it) is on top with 93,187,329 Options then 3rd also with extra 8,789,413 Options but no idea re price/expiry? The Solomons are listed on there too with Greg  under 3 different entities with total now of 13,092,309.

Anyway, IF even just the first lot of Noble Energy P/L are SEP 2018 Options, it would have to come up with $2.8M & as this subsidiary Company has usually been used before like a 'loan company' (they borrow from it in lean times then pay the loan back to it after successful Capital Raisings) & does not have money in the kitty am pretty sure this lot of Options won't be exercised & will just expire...?

Anyway, is just my opinion & happy to hear debates on the topic though if there was a way to bet on the outcome I'd say they won't be turned into Shares which is probably a positive if can get money in from other sources.
It appears they just been given a grant of $300,000 dated last week.
https://www.theaustralian.com.au/bu...t/news-story/325ae801b4da347eeb89535d18b1acfc