Thanks, I couldn't find it in the 8 page Announcement Summary lodged this morning with the ASX, and I now see it's a promise by Andrew in his flowery, media-savvy version of the Announcement; strange it was not included in the data entered.
Not sure I see the point of these January 2023 Loyalty Options. Say you have a holding of 1M, you'd stump up a whole $200 to take up the offer next January? Lost in admin costs just about, and then there's the dilution factor when they are in the money (but at least 6.3 cents is collected I suppose). It all reeks as very tiny beer, and exposes to me just how difficult the cash flow is for this phase of transitioning towards a producer. I believe I saw Andrew on a (paid) interview speaking about the Lassonde curve, and that's where we are.
Good Luck to All (I topped up today).
pw
IVR Price at posting:
4.6¢ Sentiment: Buy Disclosure: Held
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