So..the RIMO free Options attached to the 2.5 Rights issue June 2010 are now well in the money again.
Will be interesting to see now how many conversions they get in the coming weeks at the .04 price.
100,000 Free RIMO: Cost to Convert $4,000....current MP..$5,500 after Conversion.
Someone had indicated a 95% take up? They will need many more funds to develop the site to a working Mine...maybe a "big time player" as a part shareholder?
RIM Price at posting:
5.5¢ Sentiment: Hold Disclosure: Held
