grahod, I assume it has something to do with dilution. I think we all agree that assuming all things go to plan (license review OK, JORC reasonably large and a possible TSX listing) then the share price is in the range of $2 plus - possibly a lot more.
If the options are extended and then converted at current option price then holders of shares will face dilution.
grahod, I assume it has something to do with dilution. I think...
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