Fully diluted, the market cap is about 17 mil.
All options are well and truly in the money so we would expect all of it to get exercised. Exercising those options will give us another $4-5m cash though.
The company is progressing well. Two quality projects, low cash burn rate and they don't try sugercoat results; shareholders have plenty of reasons to be optimistic.
a market cap of around 7 million....wow, page-16
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