APC 0.00% 0.1¢ australian potash limited

Ascending Triangle Breakout, page-37

  1. 5,575 Posts.
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    I think about it like this I only need to see 12 cents and I do better than if the heads go to 17 cents, but we also both know if we see 12 cents on good results the options will run ahead of their conversion and will do alot better than that.

    But it's always a risk with expiry, I do remember watching that interview with the MD a while back and what he has said he has done so far, if he says resource estimate by mid year I have to believe it will happen and with drilling in progress that will give tons of news flow before September.

    I did have a similar opinion to you just a few weeks ago, but after watching LSR who were motivated do all they could to get those options over the line, it's showed me when management is motivated to make something happen it's a good thing.
 
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