IGR integra mining limited
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put options, page-9

  1. stillthefoxhat
    4,334 Posts.
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    26/03/10
    15:17
    Post #: 6502793
    I think what is important to remember is that IGR is not obliged to exercise their right to sell the gold at $1236au.
    so as SP was strenuously trying to convey to us has actually come to be and now we have no limited upside but are protected to the downsidesimple really.
    More puts may be purchased in the future...who knows?
    IGR Price at posting: 25.5¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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