EUR 4.00% 5.2¢ european lithium limited

This is interesting.In the event Shareholders do not approve the...

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    This is interesting.

    In the event Shareholders do not approve the issue of Placement Options, Placement Participants will be paid the monetary equivalent of the Placement Options based ona Black Scholes Model based on the following assumptions (i) 80% volatility, (ii) Risk free rate of 2.00% (iii) no dividends (iv) issue date equal to the date of issue of the Placement Shares.(vi) exercise at any time for 3 years.


    If they vote against it the company has to pay back 7 cents to the option holders.

    https://goodcalculators.com/black-scholes-calculator/

    14 cents at time of issue
    3 years to expiry
    80% volatility
    2% interest

 
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