2014 annual report shows Mazzdel held 21M shares & 41.6M options, = 62.2Moptions
2015 annual report sows Mazzdel held 29M shares & 38M options at 30 June 2015, which equals 58.65M
2016 annual report shows Mazzdel held 48.5M shares & no major holding of options
i suggested Mazzdel was selling at high prices to fund or recoup their conversion, here:
https://hotcopper.com.au/threads/1-party.2787890/page-137?post_id=18035992#.WQbBiFV974Y
this is why there is talk here about the options because there is another large option holder than has not exercised
unlike Mazzdel , who converted when the share price was high & sold some off to fund or recoup their conversion, this large option holder, probably due to
greed & looking a gift horse in the mouth, appears to have held out for the 220ktpa offtake arrangements, which have not come to fruition
therefore, if this large shareholder does not have $800,000 to convert his options, he must partially convert & sell to fund the rest of the conversion
if there is not a compelling announcement before the end of May, this scenario would cause the share price to fall
..............
respectfully, i would expect Mazzdel to understand what is being talked about here since this option holder, who believes his mere & sheer luck was to the contrary his innate intelligence & planning, has acted very differently to Mazzdel
Mazzdel converted last year, deciding to appreciate & utilize your sheer luck, well in advance
unlike the other option holder, Mazzdel understood is was mere luck that UNX found Deposit F or G or Z rather than their ego that planned it all like you yourself are God
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maybe with Mazzdel's millions of $$$ Mazzdel can give the cricket player a loan
(20min delay)