My ideal scenario would be that perhaps that say 25-50% of the 20c options are execised. Its a balance between having some dilution through exercise of the 20c options one the one hand and the advantages of saying having an extra AUD10 million in the kitty on the other. The extra cash would obviously assist in strengthening the companies hand in negotiating any finance packages for Roseby and Ocampo.
angus
I hold BSG and i am enjoying the ride.
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