Hi Guys - just saw the 3B and exercise announcement.
I reckon this is a bloody good sign, especially this bit:
"The Company has also issued the following unlisted options under the Alchemy Resources Limited Employee Incentive Option Scheme to its two senior executives, Dr Kevin Cassidy and Mr Lyndon Hopkins:
- 450,000 options exercisable at $1.30 on or before 31 March 2012; and
- 450,000 options exercisable at $2.10 on or before 31 March 2013."
There must be a pretty big expectation for options issued that far above market.... I'd happily take $2.10 anytime soon ;)
very good sign
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