Paterson's only get to place the UNEXERCISED options. Seeing that the SP continues to trade above 20 cents it IS possible that ALL of the options will be exercised. I really hope so because then any clients of Paterson's that were wanting or expecting PXG stock through the options will have to go to the market to purchase. Of course a huge shortfall will present a short-term problem. We should know by the end of next week.
Also, love that AUD gold price, now around $1670, with more ore about to be toll-treated.
PXG Price at posting:
24.2¢ Sentiment: Hold Disclosure: Held
