LRS 9.68% 17.0¢ latin resources limited

As per my calculations, 5000 Options convert to 500,000 shares,...

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    As per my calculations, 5000 Options convert to 500,000 shares, at 0.012c strike price, it would cost me $6000. And the total cost would be $500 to buy the options + $6000, so total of $6500. is that wrong?
 
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