It is good to see that there are options Co's can consider if...

It is good to see that there are options Co's can consider if their options expire before news.

Given that many of Mantle's holders have likely bought shares & options based on published Gov timelines that certain programs such as ALDP and S7 tenders would have been completed well inside the option expiry date, an extension or offer similar to ECT's may be an option(pardon the pun).

Also Mantle's own ASX ann'ts that link us to the previously mentioned programs and Mantle's possible benefits from our links to them, could be seen as a reason for a new offer if needed.

Hopefully though, we don't allow up to 1 billion new options to be issued with an extremely low exercise price and a 4 year expiry date.

That would show very very little confidence in future market share appreciation while also severely diluting any gain if the share did significantly appreciate within the 4yrs.

I would think a 1 year extension would be more than kind to existing holders if there is to be any kind of BCP get off the ground in Vic.

Hopefully in Mantle's case news is imminent with regards to ALDP and any possible tender for S7, and that news is sufficient through our Exergen/others & S7 links to get our oppies over the line.

Perhaps even big news from Mt Mull as Doniac said?

Talk about cutting it fine, cutting it fine would be a massive understatement!

All IMO & DYOR

Good luck holders.

B Rubes