Interesting point tiger but I'd tend to go with Jesimore's comments in the following post despite AXM SP still sitting in the 20s ATM. I would have thought that AXM would need to underperform quite badly for them to remain in this range for another three months yet. If the POG remains strong, I would have thought there would be more benefit for holders if the SP headed north significantly prior to the end of the six and then nine month periods rather than if it was held down until then expecting it to fly afterward.
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appendix 3b 121 warrants, page-11
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