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Ann: Strong Maiden RC Results Mineralisation over 400m at Gimlet, page-30

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  1. 237 Posts.
    lightbulb Created with Sketch. 5
    hi guys


    I dont get why the oppies are a bargain?

    The exercise price is in 2 years at 0.06


    At the price that you are buying the oppies today (assuming 0.005), it means that you are buying the shares at a conversion rate of 0.065.

    Today's share price is 0.02.

    Not sure if I would really consider the oppies a bargain. 

    If this doesnt lift off, your oppies are not in the money, and will most likely be underwater.


    cheers

 
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