I was less concerned about the number of options versus the conversion prices being offered. I think the conversion price on such long dated options should be well north of 30c. At just over 20c that only takes us back to where the share price was earlier this year. Hardly a big hurdle post any off take agreement. For goodness sake, they are only doing their job.
HXG Price at posting:
10.5¢ Sentiment: Buy Disclosure: Not Held
