PIR
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0.00% $1.49 papillon resources limited

LokiWe are now reaching the point where some of our option...

  1. WangChung
    18,282 Posts.
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    13/08/10
    17:23
    Post #: 7017148
    Loki

    We are now reaching the point where some of our option holders will start thinking about converting to ordinary shares at 20c. This should provide a flow of fresh funds...whether its a trickle or a river will depend on where the share price goes.

    If all oppies were to be converted, you would be talking about some $16m going into the company's bank account....
    PIR Price at posting: 20.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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