Couple of things:
1. 70+ million options with 2c strike could deliver ~1.5m to the kitty... ops are in the money now, so let's see
2. the currently costed and reported net$$$ for KP, Feysville and Mandilla is $55m or fully diluted 16c / share
So at 3c I am seeing a bit of upside - with drilling at Feysville I am seeing a bit of bright blue sky!
So we are on the right track
Share market karma would suggest that this one is finally coming good for all LT holders... and hopefully for lots of newbies
EE.
Ann: Placement to Sophisticated Investors, page-23
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