options & cash position
5 million options have first expiry date on 31st May 2005 with exercise price at 11c. Money due from Turkey for final payment of signs - estimated around $400-$500k, plus recent capital raising of $600k, so I would think they will have around $2mill+in the bank by end of this financial year. This would be enough to last more than one year with no new signs. It would also be enough to build 4 signs the size of the large Turkey ones as well. So I'm not sure the finances are a huge issue now. Different story if Disney doesn't sign though
LUM Price at posting:
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