VVS , appology accepted .incidently i've made a life out of mistakes .All i was really saying is the issue was done at 35 cents the option has a third value of this , but one has to take into account it is a wasting asset ie 18 month shelf life & it needs 35 cents added to it .so effectively you are paying 48 cents for it at the moment .Sure you get a wallop of leverage , and they were difficult to get hold of especially in bulk .So they command a huge premium on market , hey i cant argue with the reality .Only point i'm making is if the project is held up for whatever reason it puts pressure on the time constraint of the option .Cleverly contructed rights issue , but potentially problematic for option holders if things don't go to schedule .
QOL
queensland ores limited
