I totally agree.
If financing drops they will have absolutely no trouble raising cash at a much higher sp to the 10c conversion price of the options.
I'd doubt Jinan would delay financing due to options because the dam getting finished by December is of greater importance..But I would not be suprised one bit if they are happy to see options expire..How many of their options were purchased by them vs inherited as part of buying out Shangdon? They can't convert them without applying to FIRB too!
We get financing and institutions will be all over us like a fat kid on a cupcake.
Ton AGM 31 Aug, page-35
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