Capital Structure

Classes of Shares and Options Total
Shares  
Ordinary Shares 235,116,184
Note: These are listed securities on the ASX and can be traded on Market; 4,000,000 of these shares are currently in escrow and as a result do not appear on the ASX.  
Options  
$2.50 options (expiring 12 October 2010) 1,250,000
$3.65 options (expiring 7 October 2013) 2,000,000
$1.20 options (expiring 30 August 2010 - Director) 2,800,000
$3.50 options (expiring 30 November 2011 - Director) 1,866,667
$1.20 options (expiring 30 August 2010 - ESOP) 1,210,000
$1.20 options (expiring 30 November 2011 - ESOP) Nil
$3.50 options (expiring 30 November 2011 - ESOP) 3,746,667
$3.65 options (expiring 31 October 2013) 750,000
Total Options 13,623,334
Note: These are non-listed securities i.e. not listed on the ASX & cannot be traded on Market. They can, however, be exercised and traded as ordinary shares.  
Convertible Notes  
Notes with $250,000 face value, 7.90% coupon, with new strike price of $3.32 per share, maturing 12/10/2012 180
Total notes on issue 180
Total potential additional shares to be issued if all notes converted 13,554,360
Total fully diluted shares on issue if all options exercised 248,739,518
Total fully diluted shares on issue if all options exercised and all notes converted 262,293,878