E25 3.64% 26.5¢ element 25 limited

Ann: Appendix 3B, page-2

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  1. 318 Posts.
    lightbulb Created with Sketch. 22
    Well this announcement was just about 250,000 unlisted 32c options not being taken up by management at expiry date of 22/10/2018.

    No surprises there.

    Of more interest is that it illustrates that there are 2,000,000 20c oppies with an expiry date of 19/11/2018.

    My bet is that most of the various management people that make up that 2 mill will exercise them... which will provide some much needed confidence and chuck another couple of hundred grand into the bank account.

    Infill drilling results are also due around that date so hopefully a double positive in quick succession that has some traction on the SP
 
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