August 2019 .... By my watch that means there's seven months until options expire. Seven months of likely newsflow ... Iron ore JV, Salabo permit? Itty push to production.
Given we are expecting permit approval at any time now and that dry season drilling could be anytime after April-May I fail to see why everyone is so pessimistic about options getting a push along ... ??
Sure the time premium is gone, but you can bet that the company would rather convert those options than go cap in hand issuing more stock AND options.
Whoever bought at .002 will at least double their money imho ... and when the permit comes through and they are about to stick a drill in the ground are we really expecting CTM to be less than .012????
Ann: Quarterly Activities Report, page-16
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Last
42.5¢ |
Change
-0.005(1.16%) |
Mkt cap ! $205.9M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 43.0¢ | 42.0¢ | $34.45K | 80.53K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 44989 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.0¢ | 1235 | 1 |
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| Last trade - 15.28pm 15/11/2024 (20 minute delay) ? |
| CTM (ASX) Chart |
