The point I was trying to make was they all fall inside the 40 weeks, so expect full delivery of 117 gwh within 40 weeks.
On the options Armada have to pay 2.5c to exercise on the 30th June, if the market price is around that its a risk they need not take for escrowed shares. Armada were into free options they expected to be in the money, if not I expect they will let them expire.
LPE are well funded now and don't need their money, I would much prefer a bank loan to further dilution
Ann: Appendix 4C - quarterly, page-22
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