I suggest you note that it was you that mentioned fully diluted market cap???
I this instance, to consider the fully diluted market cap is to consider that those options will eventually be exercised...
But sure... for a conservative approach let’s argue that the share price won’t reach 1c because the market cap is too high when you include the options excisable at 1c…
*Facepalm
Ann: Sale of Lynas Find Lithium-Gold Project, page-43
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