Hi @sinkorswim ,
Some questions if you or others in the know have time to reply, you most probably already had discussed those but can't find the appropriate thread.
The 150mil options @ 0.02, how many are still to be converted, also they are deep in the money, theres a big risk some of the larger option holders will be tempted to offload once they convert.
On the CR presentation 09.06.16 P21 - use of funds, fine print bottom page:
"Additionally, to the extent there is any liability which crystallises in respect of the Company’s Indonesian coal assets, the Company may redirect available funds (including Working Capital) to satisfy the liability if required"
Has there been any $figures given by AJM in regards to any possible liabilities that may arise from the coal assets and what is the latest status in regards to disposing of them?
Mining Licence, when is it expected?
Many thanks for any replies,
Uni
SPP - Who is in, page-144
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