Ann: Half Year Accounts, page-19

I think you will find most option holders have already converted their options to shares providing a significant cash boost to the company over the previous six to twelve months.

Additionally, Drake continues to convert their options as well as keeping hold of their significant holding.
I believe Andy is also still buying.
These two along with other t20 shareholders appear more than willing and able to support the company on its path to production.
For smaller to medium size shareholders such as myself I just hope to have the opportunity to participate in the next c/r.

Your concerns about cash and option holders are a waste of your own time.