You can find details of the remaining options in "Application for quotation of securities" annoucements.
The next expiry of options is in November. 28.6 million at 10c. Management has already commented that cornerstone investors will convert all of these before then.
This means that there will be approximately $2.8M of funds coming in (No CR required this year) however, selling of these shares (I suspect most will be sold) will put a cap on the share price until they are gone.
We will need a couple of major announcements to help clear these I would think.
Ann: MLEM SURVEY IDENTIFIES HIGH PRIORITY DRILL TARGET AT NEPEAN, page-34
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Last
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Change
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Mkt cap ! $27.81M | |||
| Open | High | Low | Value | Volume |
| 4.0¢ | 4.2¢ | 4.0¢ | $6.022K | 145.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 83097 | 4.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.2¢ | 86534 | 2 |
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Last
4.2¢ |
Change
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