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Ann: Quarterly Activities Report, page-23

  1. quarrel
    101 Posts.
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    21/07/14
    13:53
    Post #: 13690249
    How would a split of the nonferrous projects affect the options?

    They'd need to be exercised to participate and so a good chunk might then be exercised? which would see the company raise what up to 50M * 0.08 = $4M ?

    or could they structure it so the options converted in some way? I can't easily see how?


    --Q
    TNG Price at posting: 23.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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