my read here, is that the vendor may have been selling?
as ipo holders are the ones who put the cash in, and value it at 20c initially.
But they also paid 2c for their options, with a Aug 2020 expirey.
These early starts with an IPO, has a period to wash out all the vendor script, and then see it perform when the drills hit the ground, and we get some market priced feed back. (would be better if it was escrowed for 12 months)
Fortunately, they are keen to get drills underway.
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