WCN 5.56% 1.7¢ white cliff minerals limited

Ann: $4.33M Funding Secured Through WCNOE Option Underwriting, page-16

  1. 10,175 Posts.
    lightbulb Created with Sketch. 2581
    URGENT - convert your OE's yourself - much better than having them with the underwriters.

    Then the Company has your added investment to use exploring, and you hold the extra shares. Otherwise the underwriters get the shares and will loose them on the market to make a pip or two
    White Cliffs, fully funded for the year's exploration with no overhanging spec shareholders could make '24 a motza.

    btw - here is a website listing all ASX company options - including strike price and date. https://aus-listed-cios.github.io/
    Check it for WCNOE if you don't already know.

    Strike date means the date the Registry has to have your cleared funds in their bank - take care of that.
    BPay is fine but make sure your bank will handle the amount on time - banks are getting very twitchy about possible scams.
    If you really have run out of time a visit to the bank manager may help - they can do things which they say they cant !! lol.
 
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