ORC 0.00% 8.8¢ orchid capital limited

the options are traded at a discount, a good deal!I cant find...

  1. 40 Posts.
    the options are traded at a discount, a good deal!

    I cant find any other company with such an upside.

    Orchid has $100 copper (in situ) per share in the ground (5 mill tonnes = AU$20 bn divided by 140 mill shares and assuming 60 mill options are converted.

    $100 at a price of 13 cents!

    OK, we deduct 99% for costs, risks, future potential placment shares, LoI-status, etc.

    Conservative enough?

    then we still have a good upside to $1
 
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Currently unlisted public company.

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