why option expiry should be extended, page-38

Much easier way :

A JV partner / corner stone investor offers a certain amount for the oppies, pays the conversion and gets the holding. As the oppie conversion is already accepted as an additional " dilution " nobody would complain and the majority of oppie holder would be happy.

Oppie holders win, AKK wins and the corner stone investor gets its shares for 5.6c - 6.6c but with more production coming up the sp will climb over that price anyway.

Win,win,win.

Sounds too easy, no, it is simple and can be done.

Where's a will, there's a bush, I mean a way.