I think some of the MW gloss has come off after the great run which IAM had and then the dismal actual performance since topping out at 9.5. The previous option holders must be livid that no attempt to even extend the time to convert was made. I made the point 15 months ago that if they were struggling to find a project worth looking at that they should have teamed up with CAV to at least give us a chance to at least have our funds in a project which seems to have some promise. I suppose we have no option but to hope that one day something will occur , but as many contributors have commented on it looks like we missed the boat on the many opportunities that were available.
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Ann: Expiry of Options, page-16
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