surat Your post is misleading (the company proposes to place 600mill options at .001c per option with an exercise price of $0.003 on or before 30/6/2015.] 60 mill options to be issued on the same terms to lead manager.]
Your post states 1. exercise price is 005 or 007. 2.i expect the company to manage this carefully and prudently.no dilution. Well ,truely,Please get your facts correct.
A few comments This is dilution,once issued the company cant manage anything. These options are cheaper to exercise then oroo,ex 30/11/15 at .005c. This is a very unusual way to do a cap raise,ie only options.ok ,oro will get $600,000.Most cr issue shares maybe with options attached. Some thing is not transparent here.
just my opinion cheers
DKO Price at posting:
0.4¢ Sentiment: None Disclosure: Not Held
