Ann: Trading Halt, page-78

TShirt i'm hearing similar things. 

RLEOA option holders may be the best rewarded with this cap raise. Moving the expiry by ~3 months could mean reserves, GSA and pipeline grant are all in place before expiry. Then the A's can be used to fund the pipeline . Kip, i'm very confident the A's will be moved (subject to SH approval). 

I haven't spoken to SB but this seems a play to assist GSA discussions. Much easier to negotiate when reserves are certified, pipeline grant is secured etc. 

Some shareholders may be annoyed (me included) but this may be a short term play to secure the long term gain.