UCL ucl resources limited
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an underwater mak part 1, page-7

  1. blackburn
    1,648 Posts.
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    24/06/08
    08:35
    Post #: 3898580
    But look at the option expiry price.

    If 500m options are exercised that is $50m in cash to the company.

    And remember that the price has to get to just about 4 times the current level for the options to come into play.

    Just my opinion but I don't think the options are hugely significant at this point.
    UCL Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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