They are rights so nothing, just a cash grab IMO
Some will vest at 6c, some at 8c and some after 750mt @0.5% Cu Equiv is announced.
More dilution.
The payment to Murray Blacks drilling company @0.015c isn’t good either IMO...
At some stage they need to slow the dilution but then if it’s all going to related parties then really the dilution isn’t effecting them just other shareholders.
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- Ann: App 2A and 3G-Exercise of options, EIS issue, Shares in lieu
Ann: App 2A and 3G-Exercise of options, EIS issue, Shares in lieu, page-6
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