Duncan always cares about the SP. there is a lot happening right now and i believe he is up north at the moment. We have a few sets of results due in the next few weeks so…… i doubt it will get to 1.4.
In effect punters are not losing if they keep their options, the are just taking out the 2c they put in for 1.7c -1.8c and keeping their .5 option which could easily be worth quite a lot more in a years time. If the shares do get to 10c on the basis of copper finds then the yet to be issued 3c options could be 5-7c or so.
RML Price at posting:
1.8¢ Sentiment: Buy Disclosure: Held
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