The options are in the money as it stands to day so why would they not be exercised? There is no issue with cash whatsoever at this point.
The options are are being exercised on a weekly basis atm As pointed out in the commentary of todays quarterly where it said they had received a total of $322,000 in exercises this month to date which of course is not reflected in the cash balance of the 4C.The bulk of the option money is always going to come in the last few weeks before expiry.
IHL Price at posting:
6.8¢ Sentiment: Buy Disclosure: Held
