BBX 0.00% 24.0¢ bbx minerals limited

Ann: Investor Presentation, page-94

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  1. 4,791 Posts.
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    Damn, I wish I had oppies. The exercise price must be pretty low. Less than 10c?

    March 1 is interesting timing - right when the first drilling assays are due. If it was me it'd be a no-brainer because I'm in for the long haul but my sentiment could well be different to yours and we're not allowed to offer trading advice on HC.

    I'm sure they'll be in the money so you'll make a profit by exercising them, but you could wait for a couple of weeks to see how we're travelling. News on the pilot plant could arrive by then too.

    If you think you might want to take the money and run when the first drilling results arrive you'll probably want to exercise them before the drilling results arrive so you can sell the shares quickly.

    IMHO, of course.
 
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