option's info, page-8

I really don't know why people keep insisting that there would be a share consolidation merely because they will have 5.5bn shares on issue.

Do you know the logistics of getting a share consolidation? Firstly, the board has to decide. They then need to circulate an explanatory memorandum. The shareholders need to vote on this. All this costs money. Unless there is a very good reason to do it, I can't see a share consolidation happening any time soon.

I think teh options being exercised is a bonus for the company - this will allow them to pay off a substantial chunk of their debt and spend more money exploring / expanding their production. Without the options being exercised, their progress is set back by at least 1 year.