Hey Evan,
I don't think that's really relevant, those options were issued back when the cap raise was done at .19 (pre consolidation), the directors don't have many options. There's going to be some funding opportunities from the options but i highly doubt directors would be thinking of that as a source of funding.
The project is on-track and i'm pretty sure these types of projects are debt funded as opposed to anything else, potentially even some funding on gold pre-sales.
These guys have never had issues raising capital, i'm not sure they majors would want too much dilution seeing they own >87% of the company.
Hope that helps, as i've previously said about the oppies, it does give someone the opportunity to buy a couple of mil say and convert them (the only real way to get a bit of shares in the company) as not much for sale without lifting the price towards 40c.
Cheers,
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Hey Evan,I don't think that's really relevant, those options...
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Mkt cap ! $96.05M |
Open | High | Low | Value | Volume |
13.5¢ | 13.5¢ | 13.0¢ | $8.833K | 67.28K |
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No. | Vol. | Price($) |
---|---|---|
5 | 60146 | 13.0¢ |
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Price($) | Vol. | No. |
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13.5¢ | 27639 | 1 |
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3 | 76813 | 0.125 |
3 | 91121 | 0.120 |
3 | 76673 | 0.115 |
2 | 90000 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 27639 | 1 |
0.140 | 150004 | 2 |
0.145 | 25132 | 3 |
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0.165 | 12500 | 1 |
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