In-the-money ...
Long-dated ...
Tradable.
In recognition of the loyalty that has been shown to the Company by shareholders during the evaluation of the Gravelote emerald project.
And for once, I think a Company that actually means it.
Yep, Gravelotte is looking an absolute burster!
A non-renounceable entitlementoffer of one (1) Option, exercisable at $0.05 and with an expiry date of 30 September 2022, for everythree (3) Shares held by those Shareholders registered at the Record Date, at an issue price of$0.01 per Option to raise up to $1,015,263 (Offer). The Options are expected to be listed subject tocompliance with ASX Listing Rules.
Record Date for determining entitlements is 27th August 2019, so the shares trading cum-entitlement 'til about, what, the 22nd?
Trade 'em out at any time, or hold them for 3 years and exercise, I think we're going to make a poultice (that's a great steaming pile, for the uninitiated) out of these!
Good fortune to us all!
Scrummy Options - A Bonus for the True Believers!
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