Diamond drilling isn’t cheap.
Money will be needed to further explore, plus we have Gladiator and Combatant tenements.
The extra cash will come in handy come November and converting options will be much better for all parties imo.
Also remember the option strike price is 10c but for the options to be converted, they also have to be worth more than this as there is a market price paid for the options.
So imo management will be looking to get the SP up to the mid teens minimum by the end of November.
This will be good for everyone!
PUROA (10c strike) candid chat..., page-6
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