I see there are about 35mill options to be exercised in 2011 as shown below. What chance that some or most are not exercised, I would say the odds are very high that none will be exercised barring a miracle.
DYOR
Annual Report 2010
Details of unissued shares or interest under options as at the date of this report are:
Issuing Entity Number of options Exercise Price Expiry date of Option
Citigold Corporation Limited 2,000,000 $0.20 1 March 2011
Citigold Corporation Limited 15,384,615 $0.26 26 March 2011
Citigold Corporation Limited 6,562,500 $0.50 10 April 2011
Citigold Corporation Limited 7,395,382 $0.23 30 April 2011
Citigold Corporation Limited 3,000,000 $0.27 16 October 2011
DYOR
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