Ryan,There was a total of 4 options converted!Thats $1.40...

Ryan,

There was a total of 4 options converted!

Thats $1.40 worth!

Hahaha!

Why would someone DO THIS?

I have no idea!


Take my advice dump the options for what you get for them, they'll end up being worth nothing.

I was very lucky to get out at 2.5 with the options and 17 with the ordinary shares.

I was guilty of falling in love with this stock so to speak, a lesson learnt.

The future for this company does not look bright at all. Rising labour cots, fuel costs, stronger Aus dollar... Teh margin is shrinking every day for low volume operator.

Just remember too that QOL are not getting spot prices for their molly or tungsten with CITEC.

The offtake agreement would be at a discount to the spot prices, by how much i'm not sure.

Company hasn't disclosed that information, maybe they think its commercialy sensitive who knows.

Woflram capex and opex haev spiralled out of control