SHN 3.70% 1.3¢ sunshine metals limited

Ann: Seven Exciting Geophysical Targets near Highway-Reward, page-32

  1. 4,294 Posts.
    lightbulb Created with Sketch. 830
    I agree there are some options out there
    but its about 15% of total shares on issue

    directors incentives and freebies to cannacord

    they will be in the money on this one IMO

    and expiry ? someone said 2025?
    not far away so the company is expecting/hoping to be safely over 3 cents by next year and more money coming in with their exercise

    its a gift to cannacord
    they will sell converted options them onto clients at what price?
    4 cents ? 5 cents?10 cents?.....if all goes well

    agreed most options expire out of the money and if thats so were stuck around 2 forever
    but there are a lot of targets in tier 1 domain and excellent management
    Paul chapman is a nonexistent director
    hes not here to F - spiders

    I can see Encounter taking us out at some point
 
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