All good there peeps. Whether you agree my comment or not is up to you. My actions are already known.
If management is any chop they will give these MOB’s the best chance of being exercised, with hopefully some news to come in the next days. The most likely source will be from itty. But it could be from Jaguar or Jam. But it could be silent. Whatever it is, these guys are not sitting there scheming to have a low SP. They are shareholders themselves FFS.
It’s in ALL shareholders interests to have cash sitting in our bank account. Anywhere above $5m (post MOB’s) would be amazing. Having cash in the bank is a huge asset. It gives certainty for future capital works. And could justify a SP above 1c easily, based on the assets we own (not speculation, which Salobo was).
The negativity surrounding a CR outside of these options being exercised would be huge, IMO.
We have great assets. And with a current MC of around $30m there is a lot of upside. Even if we get to $50m, that’s serious coin for me!
The best scenario is to see management convert theirs way before aug 31, so others might follow suit.
If you disagree with my scenario, then IMO take profit now at 1c.
HB
CTM Price at posting:
1.0¢ Sentiment: None Disclosure: Held
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