RAS 0.00% 1.7¢ ragusa minerals ltd

Ann: NT Lithium Project Drilling Update, page-185

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    There was an announcement of the exercise of options. I wondered was it a good or bad sign. Most would think its bad as someone wants out. However I thought that it was a good sign in that if the next announcement is very positive that the share price will rocket. Or there may be other positive announcements regarding the gold or kaolin deposit. If that was the case then being an option holder is cash worthless. But exercising you can take advantage of the ride up, sell at a significant gain to fund the rest of the exercise of options. Just a wait and see but exercise of options could be a very very positive sign of things to come
 
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