PRC pike river coal limited

All I'm a bit confused as in how these options work.Could...

  1. 324 Posts.
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    All I'm a bit confused as in how these options work.

    Could somebody please give a simple mans answer to this

    eg
    Holding PRC 10000
    Receiving PRCR 2000 for free???

    or

    Option to buy 2000 PRCR for 70cents.

    Cheers
 
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