i>Mak... the options are only worth 1.5c if you paid zero for them. Keep it real big fella. No disrespect as you are a well informed poster. But the exercise price is 1.5c. Add the price paid etc. So not 1.5 in total at all.
You've misunderstood me Mitzu. I'm not talking about how much it costs the investor to buy, I'm talking about how much dilution there is at 1.5c. If, for example, there were no options, come July, if the share price was say 3.5c, it would be conceivable that shares could be raised at 3c rather than 1.5c. That would mean only half the shares would be issued and less dilution. So whilst it's nice to know that options will deliver RMX some cash in June, it doesn't necessarily indicate the best outcome for shareholders. But at least you do know if 1.5c share price can be maintained that it is guaranteed.
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