Yes - why did they need to give away the options? Surely there is the debt facility being extended and some equity - the additional 333m options at 10c/sh for that time period is a seriously large sweetener. If the company is on the way to ~$500m market cap as they plan to, it probably doesn't matter, but its another large speed-bump/hurdle along the way.
Ann: Agrees terms of US$30m debt & equity funding with RCF, page-70
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