"As I understand it, the lengthy delay as well as Jayson dropping out is why the options were offered."
Nice of them to double the dilution to reward the sophs for the 7 week wait. These guys will probably flip them 1st opportunity (they can keep the option) all at the expense of the long holding share base.
As I said before to issue 7c options when the last traded price was 9.2c is very unusual, as is doing it on a 1 for 1 basis. It is a gift at our expense. IMO management have zero respect for existing shareholders
Ann: Minbos Investor Presentation - Angola Rising, page-415
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