LRS 2.70% 19.0¢ latin resources limited

Ann: Cloud Nine - R&D Project to Reduce Methane Emissions, page-38

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  1. 164 Posts.
    lightbulb Created with Sketch. 55
    How many options are outstanding ?

    I dont understand this sentence....Option holders are ONLY going to exercise, if the SP advances significantly between now and next year.

    Surely most option holders will exercise as long as the price is above 1.2 cents, ?

    Or am I missing something....
 
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