"This means they give EGA 30c for each option and EGA gives them 1 share"
"The reason why this is so bullish is that to make any real money the SP will need to be over 50c sometime in the next 3 years"
Hi Davisite ,Do you not mean the SP will have to be over 30c not 50c sometime in the next 3 years given the exercise price is 30 c ?
Ann: Financial Advisor for Development of Rothsay Gold Project, page-14
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