My DD notes say oppies are in the money - 361 million strike 30/06/2022 @ $0.006. (value $2.2 mil)
They are 0.8c in the money and trading at about that giving a x2 leverage.
Current cash is $3.4 million (30/06/21) with cash burn of $1 mill of which 75% is exploration.
So on those figures things look sweet so long as current drilling at Yidby continues growth trend.
Stay safe DYOR
Ann: Annual Report to shareholders, page-22
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