Options have a 10c strike June 2025
But consider what the value of the company could be by then, if with JV and cash injection to move to development the first low capex gold oxide cap, over deeper copper. It unlocks other forward phases, and additional projects which it could replicate development. Would be a complete inversion of sentiment from todays capitulation.
Even a trade from 0.1, 0.2 up to 0.5 would seem plausible if the heads were re-rating. And the possible Resurrection case would need to be made to company, if they expire to replace with another series. We discussed this previously, someone said Brian was aware of this . But would be worthy of revisiting. If he holds plenty of them, then motivated to consider avenues which other companies have done to re-issue a new series post expiry as a right to expired options. Can usually be done with shareholder approval addendum to a rights issue, or a special placement etc.
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