SAR 0.00% $4.69 saracen mineral holdings limited

Ann: Presentation to ASX Spotlight Conference - H, page-24

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    re: Ann: Presentation to ASX Spotlight Confer... so the AUD is down 5%.....the point i am saying is a 5% drop in the AUD is not equal to a 5% drop in the option value.....as the option also has a time value for monday element in it....i dontknow the specifics but a there is no way the drop would be from $56m to the $20m figure you are quoting..

    i also would have prefered if they hadn't POSTPONED their future expansion but I trust that their judgement and know their interests are aligned with mine so am happy to let it be! Certainly not selling my shares like you are.
 
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Currently unlisted public company.

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