HMX 0.00% 4.0¢ hammer metals limited

Ann: Exercise of Options, page-11

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    There was the confirmation of Paul Clarke converting 40m options so that another $1.2m in the coffers and last day for option conversion is tomorrow. So anyone needing to sell heads to fund paying for conversion would have had to do it last week and guess most people who converted to sell immediately are mostly gone.

    Also starting massive drill program in the next week, so that added to SP that's been kept artificially low due to option conversion and I'm not surprised to see SP perk up. Expect it to go on a decent run now that all that's out of the way.
 
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