Yep…..those 30mln options are exercisable at 6c.
Wrong placement price, and wrong options price….only 4 weeks ago. (And to think that over $1mln as been given to the company since then that they knew they had applied for)
Mark them in your diary for October next year, because holders will either sell stock above 6c and keep these as a free interest, or sell stock prior to October and exercise.
Ann: QLD Govt Funding Secured for Metakaolin Feasibility Study, page-6
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