Gr8 to hear from you Khaliqs - im guessing what your trying to say is that the option excescise price is at 60c for the impending Equity Investment by HK investors.
That means another $10.6m in capital when the s/p hits 60c (basically 17.8mill shares @ 0.60c). And 4m performance based options for JA/FC in lieu of salary - this clearly is a signal that they are confident that the 60c mark will be realized very soon.
Still reckon its a bit too quiet from my viewpoint - may hear about the new project after the general meeting. Its going to be an interesting run up to the 9th Aug if there is any hint of news & wherabouts of the project. Next few weeks trading volumes will probably be a good barometer of what we are all hoping for - with fingers crossed
GTE Price at posting:
41.7¢ Sentiment: Buy Disclosure: Held
