The other benefit of the options (assuming they get excercised) is that it will boost cash reserves by about $1m (70,000,000 x 1.5c) - which is always good. I'd rather see 70m shares issued to 'safe hands' than a raising done to retail brokers and clients who will undoubtably flood the market for a small gain.
I'm very optimistic about our short, and longer term prospects.
Cheers
Doyle
TNP Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held
