Love your optimism arion !! I wish I had some of it. I have lost confidence in this company now and am just hoping we can recover enough so I can get back at least some of what I have lost so far. If we don't get to at least 2.2c by the the time the ELF loan expires. I will be owing even more
I seriously doubt anyone will be exercising the option C if they are not in the money, why would they? Lose money to support the company....unlikely.
The 30 or so million the company would have raised through those options would have been great but alas this has been strung out for too long now and who will borrow 4.5c per share for ELF2 ??
Hope we have more luck locally and with any Japanese in the next 12 months.
Cheers and good luck.
Ann: Voluntary Suspension Extension, page-46
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