TMS
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4.55% 2.1¢ tennant minerals limited

Currently options are at 0.5c and exercise price for 380m TMSO...

  1. BlueSky0301
    543 Posts.
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    28/09/23
    08:24
    Post #: 70065541
    Currently options are at 0.5c and exercise price for 380m TMSO is 3c so if the head price pass over 3.5c in the next 7 months, TMSO will be in the money and surely they will be exercised. With that company will get $11.4M meaning no further Cr will be needed. I think it is a good option for the company for raise money moving forward.
    TMS Price at posting: 3.1¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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