I just got on board the oppies as well (not the 10 million though). What will be the impact on the oppies of a t/o bid?
Is it just a matter of subtracting the exercise price from the offer for the oppies?
My personal view is once we get some production figures showing costs as per projections we will see a very nice run past 4c.
Given managements good communication (at least from my recent experience) I would expect them to notify the market of the first dore shipment with costs and production. All going well this will be the kicker in my opinion.
Cheers,
JB
MOY Price at posting:
77.0¢ Sentiment: LT Buy Disclosure: Held
