Hi mate - yeah good to chat with you as well Walter. I have just...

Hi mate - yeah good to chat with you as well Walter.

I have just today sent management a kind email laying out the virtues of such a direction but figured I would not refer to that email on a public forum until/or if I get a response. What I am told I will share here if given the go ahead from someone on the board.

Normally (as you would be well aware) options that are close to expiry and not near the exercise price are generally dead in the water, as are the heads but today's announcement, IMO, point to BCL having intentions of digging our dirt in not that many months away, so my considered opinion is that a re - issue of BMLOB's is very worthwhile if my appraisal of BML's future is correct.

A mate of mine (Anush on HC) bought a nice parcel recently (heads) and he was the one that prodded me to put pen to paper. He agrees with a re - issue as he saw the benefits as I did when ESI completed their re - issue of options a while back.

I figure we just wait at present and see if we get a response but at least we can now wait with quite a bit more confidence then we have had in recent months.

Good luck to you Walter and other holders.