I am sure you would agree that if we can get a good price on a scrip for scrip I don't see why not.
Do you have a ratio in mind?
Sure, Galaxy could be at risk of facing the same issue. What do you think of what they have done with Mt Cattlin?
What is the annual production of both? 400?
So they wouldn't hold onto the shares after they acquire them at just over $2.70? - That wouldn't be a good look. Imagine the news stories on that one.
As
@tutor even pointed out, those options arn't worth thinking about. I think we could pretty much remove them from a fully diluted calculation.
Thanks
@HelloU very helpful. Is there any indication as to who the top 20 holders are?
It's a very odd situation having a company that investors have shares in but they cannot dispose of them on market. That would have to piss a few of them off surely.
