Not everyone does and some people have an emotional attachment with their options.
Let's say that they bought their options at $0.005, if they sells heads at $0.015 to excercise their options, it's seen as swap. If they sold at $0.017-$0.019, they are making money on exercising.
I won't agree or disagree with this, but, I do believe that this will have an impact on the SP for atleat this Friday and next Monday. This is because in addition to the above, some of the option converters may get cold feet and sell Monday.
I remain confident that we have a resource. If you look at the diamond collars so far at TA2&2, you can see that we can drill deeper as was done in the AZS drills and out TA7. We can also explore TA1&2 a little more with refrence to the existing fault & collar locations.
We also have more target zones, minimum $16mil CAB and a plethora of other projects!!! Our other projects definitely put more into the MC than what it currently is with our CAB considered.
I also beleive that the remunerations approved at the AGM show that management are confident that the targets are achievable. Otherwise, they would be lower.
Happy to discuss my opinion to those that have supporting facts and relevant information.
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