RR1 6.67% 1.4¢ reach resources limited

can someone confirm my numbers, because I cant believe my...

  1. 380 Posts.
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    can someone confirm my numbers, because I cant believe my calculations/understanding is correct.

    I have 400000 RR01 options that will cost me $4000 to convert if i chose to do so in May.

    But now i can get a 1 for 1 on those options at .0002. So 400000 x .0002 = $80 and i will now have 400000 of the new options with 3 years until conversion date.

    If i chose to convert them in 3 years it will be 400000 x .003 = $1200.

    So I have been given a 3 year extension for $80 and then a $2800 discount on converting them??

    Hope I'm right.




 
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