bripat22...
Could be an underwriting...I hope not?
Would be a bit of a kick in the guts for shareholders...especially when the options are so close to the money and they are drilling some very nice ground at the rate of 7,500m per month.
Given the events of this time last year, they also have a lot of work to do to gain wider market support once again...so such a move would not be the best way to do it.
In the current market, even my dog could dig up enough good news from such a drilling campain.
Don't forget there will also be a resource upgrade shortly...no doubt before the options expire.
Hard to see them not in the money really.
Cheers!
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