AHN 0.00% 0.3¢ athena resources limited

Dependsissuing options is at a much higher risk as investors can...

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    Depends

    issuing options is at a much higher risk as investors can stand to lose 100% of their investment. Would be better if the oppies have longer expiry, seems they expire before DFS, which could be a blessing in disguise if studies show bad economics (hope not but always a risk seen in similar companies)

    The share price has to increase more than double for
    those options to be in the money, more than triple for them to be exercised in the money comfortably with wiggle room in the event of a decrease in SP

    CPS have around 65-75m 2c options so there will be a lot of resistance at the 2c level if they intend to sell

    This however won't matter if AHN release some solid results in their PFS and other preliminary studies.

    If the stuff in the ground is as good as they say, and mineable (this is important as it has to be shallow enough to mine) then there will always been enough buyers to take out the sellers at those 2c resistance levels.

    Looks like all is going well so far, won't hurt to see some presos, webinars, social media presence etc

    Could be a real gem
    gltah
    Last edited by Erol_1955: 22/11/22
 
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