re: Ann: Notice to Option Holders - Expiry of... Does management really care if the OA's are converted ?
I think there's roughly 50 million OA's at 5 cents each resulting in 2.5 million dollars.
They just got 2 million dollars from Sandstorm. If payback ends up in the conversion to shares at 3.2 cents Sandstorm get 62.5 million shares.
I think Sandstorm will benefit most by having a low SP
Ann: Notice to Option Holders - Expiry of Options, page-5
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