The payment of $0.012 per option for converting options to shares injects cash into the company.
The funds raised from all the converting by the end of November will easily fund working capital requirements for all of 2021.
It's almost unprecedented for option holders to convert early. $35.6k injected into company coffers today, $719k injected so far. In total over $8.4M going into company coffers by end of November.
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- Ann: Pre-Feasibility Study Further Improves Poochera Economics
Ann: Pre-Feasibility Study Further Improves Poochera Economics, page-192
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