That's what I believe but DYORThe commsec website indicates...

That's what I believe but DYOR
The commsec website indicates March 2013 for GRKO
My stock broker informs exercise price is 3 point 6 cents.
I tried looking at GRK appendix 3B to see exact exercise date & price. Unsure when the fund raising was to give birth to the GRKOs
DYOR

The backreef1 production test drill & other potential 2012 drills in this permit could be the game change for GRK , & if GRK have a 20% interest in say 20mill barrels of oil then I reckon the GRK share price has potential to power past 3.6c/share & get the GRKO into the money.