MNE 5.26% 3.6¢ metallum limited

Ann: Metallum doubles mineralised footprint at El Roble Project, page-18

  1. 2,851 Posts.
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    Can't say I agree with your analysis.
    The OB's are 5 cent options expiring June 2015 so they have just over 10 months left.
    The current sell price for the OB's is .08 cents which means that just to break even you need the share price to hit 5.8cents by June 2015.
    If the SP does hit 5.8cents by then you would make 176% if you buy the shares and nothing on the OB's as you would only break even.
 
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