AYT 12.5% 0.5¢ austin metals limited

Ann: High Grade Copper-Gold (Silver-Cobalt) in first RC hole, page-98

  1. 35,231 Posts.
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    @Samboy69

    Well if the Directors and Management put their money where their mouths are then we should see circa $700K come early December this year, which would be handy for extra work in the short term.

    Anyway I guess it depends on whether the "price is right for exercise".



    From the latest 3B:

    Number and class of all securities quoted on ASX (including the securities in section 2 if applicable)

    196,281,438 Ordinary Shares


    Number Class 9 Number and class of all securities not quoted on ASX (including the securities in section 2 if applicable)

    7,000,000 2 December 2017 Options - Exercise price 10 cents

    1,000,000 24 Novermber 2018 Options - Exercise price 4 cents

    11,722,540 21 July 2019 Options - Exercise price 6.7 cents

    8,500,000 24 November 2019 Options - Exercise price 6 cents





    I wonder how many Options the Board will be issuing this coming AGM ................... they might need more than the Four Cup Cakes and Black Tea that was on offer at last years AGM ......... they had to cut the cakes into quarters because of the swollen numbers of hostile shareholders (and other happy ones) at last year's AGM



    MI
 
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