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