IMO a lot of shares won't be converted even if SP goes to 33c next week, knowing the two weeks before it was at 29c.
The only announcement that will ensure most options are converted will need a few $ signs in it. Either revenue projections from MIN, Offtake agreement for hydrogen, ARENA funding etc.
Ward just get on the blower to Ellison and tell him you need the option funding, so lets release our deal like we should have a year ago.
Ann: Hazer Intellectual Property Update, page-56
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