EMS 6.25% 1.5¢ eastern metals limited

agm feedback, page-23

  1. 440 Posts.
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    Hi BV, I have looked at this before. The Company is not allowed to vary the terms (price, expiry etc) of the options so they are not able to simply extend the date by 6 months. The existing oppies will expire Dec 31st. If the Company wishes to offer existing holders a new series of oiptions with different terms then they can do that but these are just that - a totally new series and nothing to do with the old ones.
    I am crossing my fingers for a new offer as I suspect my several million oppies are cactus.
 
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1.6¢ 285895 4
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