Thanks for your help Caldazar, Profit Taker and francoo with the options. It was all rather confusing to me, but I understand it better now.
If VMS continues to get interest over East in the lead up to the JORC this will be excellent news for all holders as well as option holders.
Next few weeks will be very interesting.
Glad management of this company are interested in shareholder perception - unlike one of my other holdings, TAS!
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