Ann: Offer to RLEOA Option Holders, page-22

Geo..the ob’s will drop in price if this goes ahead..and it seems a big “if”..due to time and needing shareholder approval.
I have oa’s and ob’s and shares... but the real disappointment is they’re now not treating ob’s holders well...almost as though with the ob’s the feeling is they are never going to be exercised as well ...

As I feared when I said I liked oa’s more, they appear to be on a dilutionary bandwagon! The oa’s , as sharetrader has said, should have been the funding mechanism and/ or the mooted farm in ( me saying) ; plus they had funds to last it appears ( sharetrader and I think I worked it out once) ...yes I know..easier on the outside you say!

Really, to sum up..it’s like putting lipstick on a pig..but the pig had already died from mistreatment !