I will share my thoughts, that is all they are. Based on nothing but me trying to work out what the bod may possibly be thinking.
For the senior management team if they want to realize their profits a t/o would be the best option to avoid more smashing of the sp. i.e. Them not selling on market
if i was in their shoes a minimum sp of .20 I believe would be looked at once further drilling results have been reported for bbm.
Or bbm at the start/3months mining .40c minimum.
Numbers may be very very conservative but I think things will happen at these points in time.
Also there is the possibility that they truely want to build a large well known coy and will hold tight.
Time frames however I have nfi.
Dyor, my thoughts only
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