some questions....and answers from cluff., page-12

I fully agree...

I was just trying to put into perspective why they have every incentive to get the options over the line if they at all can.

If there is anything they can do in the next 2 months to get the SP over 1c, they will put the effort in... look at it this way; if it comes to missing the end of July by a month, then that'll be a month that costs them several million dollars in lost funding opportunity.

Having said that, the options aren't a make-or-break for the company at this stage. It'll be more the difference between needing time to get the project ramped up gradually, versus having $5m to throw at it right away to expedite the process.