Not offering an opinion here --- just an indication of the cost of buying the puts.
No one much interested in the buy side of EVG at the moment --- and seemingly no shortage of willing sellers.
No news re the draw down of the loan either but you would have to bet it will be okay --- Mac Bank would hardly take up shares if their was a problem.
Lack of market interest most probably irrelevant --- if the project is eventually successful --- the shares will do well.
The wait goes on.
Regards Jim
IGR announcement 260310: Integra Mining Limited (Integra, ASX: IGR) is pleased to announce the purchase of put options at a strike price of A$1,236/A$1,237 covering 28,736 ounces of gold from the first two quarters of production at its 100%-owned Randalls Gold Project development, located 60km south-east of Kalgoorlie. The total purchase cost of the put options was A$3 million.
EVG Price at posting:
7.0¢ Sentiment: None Disclosure: Held
