Appendix 5B of the Quarterly explains all:
Options, these may be Directors options may be standard issue. If they get them over the line they have more working capital and of course heaps to dump. I hope they make it and they working capital prevents another mates rates issue to even further dilute.
Only time will tell although I have serious doubts this will go 2 cents plus in 7 weeks.
Appendix 5B
7.7 Options
Options Expiry date Exercise price
319,163,322 30/11/2012 $0.05
11,000,000 31/03/2012 $0.02
13,565,356 30/04/2012 $0.25
130,000,000 30/06/2012 $0.01
47,500,000 31/07/2013 $0.01
5,500,000 07/10/2012 $0.02
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