Hope your wrong Given recent market conditions have not provided...

Hope your wrong


Given recent market conditions have not provided holders of LCYOA and LCYOB options with an opportunity to exercise their options, the Company has resolved to issue New Options to holders of the LCYOA and LCYOB options on the date of expiry being 31 December 2012. The New Options will be on the same exercise terms and pricing, however, the expiry date will be extended for a further 2-year period, expiring on 31 December 2014. The issue of New Options will be subject to shareholder approval with a meeting expected to be held mid January 2013. Full terms will be provided to shareholders in a notice of meeting to be announced later this month

http://www.legacyiron.com.au/media/51845/lcy12_-_052_-_option_expiry.pdf