ASR 14.3% 0.8¢ asra minerals limited

Ann: Proposed issue of securities - TNR, page-58

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    While I like the idea of new options I am not sure of the underlying story. In the ideal world the timing of releases, MRE, drill results etc is what would convince me to exercise. It is almost as if those things are not going to happen so we need some extra convincing. The strike price seems low. And I only get 3 weeks to think about this. Grrr
 
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