BAT has always been an all or nothing proposal for me and at this stage more inclined to think it'll be nothing. But DF has some serious incentive to get the mine into production, and not just M1 but M2, B1 & B2, as the vesting conditions for all those ZEPOs he picked up.
And if he does, and the price does x10 then as it currently stands options would get a x24 multiple + any time value.
BAT has always been an all or nothing proposal for me and at...
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