Appreciate your polite reply, yes Mr cook has a good reputation, but I feel Linderos deal put us in no mans land, we should have sold it for $20m or so to fund drilling for AU and AG at dynasty etc, Instead we got $2m and 20% left over - if we have to fund our 20% of Linderos where will that $ come from?
Maybe we can sell our 20% to one of those companies that specializes in Owning royalty smelter rights.
Yes BOD should convert their options, it was their choice to use options for Cr, is that the 4m unlisted options - would leave us some what short of the funds we will need (thats worst case).
I think the option conversion will happen, it will only be a small % that does not get converted, always a few with a last minute personal issue etc that will miss out.
After that I am hoping for some really exciting news that pushes us past $1 and we can a much smaller volume of shares for a CR from that $1+ position to existing shareholders and directors.
TTM Price at posting:
49.5¢ Sentiment: Buy Disclosure: Held
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