Ann: $10M raising for multi-rig drilling and to extinguish debt, page-78

Huhhhhhh u thinkin to exercise soonish? You’ll lose your weight big time, best to increase weight and simply sell or exercise laters......

Option1 -to exercise 500k at 16c one would pay $80k - money lcl doesn’t need right now
Option 2 - buy 700k options at 0.09 tomorrow using $80k

our target potentially is 30-40c foreheads, would mean 20-28c for options
Say take the mid-point and sell all 1.2m oppies at 25c will net 300k

vs 500k converted heads x 40c will only net 200k


just exercise your body and buy more oppies I’d say

sorry can not contribute much in terms of technicals but the above are financials (all I know is bornite anomaly gives a high chance hole #9 will be better than hole #8 )


cheers