I don't seen much of a motive for management to bring the oppies...

I don't seen much of a motive for management to bring the oppies into play here. Collectively they don't hold many and exercising them will only dilute their holdings. Management are better off waiting for the oppies to die and then doing a CR after drilling and firming up some lithium numbers. In this way, they would issue far fewer new shares at a higher price and avoid the dilution. I hope I'm wrong on this as I'm holding over 4 million oppies, but if I put myself in the MD's shoes for a moment, I'd be killing them off if I thought there was a pile of lithium to be had here. All my opinion only. cheers all holders.