Well if oppies don't get converted then you wipe out 40% of potential issued capital so big incentive to crawl through to expiry and JV after with a capital raise.
$150K was spent last quarter and by the activity of this quarter then most likely another $150K.
Will be interesting to see what happens as nearology results from BHP could send them over exercise price
Was holding all oppies on this one but converted back to heads which IMO is the safer play at this stage.
Cheers
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