Carbine's only in the money options are:
9,700,000 4.96c options for $481,000 by 17 November 2017.
2,500,000 6.5c options for $162,500 by 7 July 2018.
This is not much but they shouldn't need any capital raising until they (hopefully) get finance approval. I just wouldn't mind if the market suddenly saw how viable this project is. It has more than a 50% chance of being successful from here and it would be worth more than 30c per share if it is successful.
Ann: Quarterly Cashflow Report, page-4
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