Fully Diluted No. of Shares on Issue with exercised Options = 2,759,239,689
1. Options Creasy (exp. 23/09/2020) @ 0.04 150,000,000 $6,000,000
2. Options Directors, Staff, Musgrave (exp. 30/03/2021) @ 0.04 88,000,000 $3,520,000
3. Options IGO (exp. 11/07/22) @ 7.2c Tranche 1 102,217,540 $7,359,662.88
4. Options IGO (exp. 30/09/22) @ 7.2c Tranche 2 33,893,571 $2,440,337.11
5. ESOP options (exp. 30/09/22) @ 7.2c 13,000,000 $936,000
Total Potential CASH from Exercised Options = $20,255,999.99
Looking forward to the start of both Air Core drilling and Diamond Drilling programs this month!
Hold on to your shares and a MASSIVE year ahead!
IMHO, IGO would have to offer a minimum of 25c per share for any friendly takeover at this particularly point of time!
GLTAH
cheers
pcman2
Options in the Money!
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