All the option holders got a letter last week with a form to fill out if they wanted to convert their options sooner. It's not a select few that are able to do it - all option holders can at any time. I assumed they were looking for people to convert early so they would have more money in the bank for the upcoming projects.
They may have the money needed for Mt Carbine but Whumbal West could possibly be bigger and they would need capital to turn that into a mine.
The final Whumbal West drilling results are due early december according to their 2nd Nov announcement. These I'm waiting for with much anticipation.
BIG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
