CAY 1.03% 9.8¢ canyon resources limited

We're Ready, page-398

  1. 1,404 Posts.
    lightbulb Created with Sketch. 490
    I agree about the dilution re these expiring options.

    And If EEA get to exercise the additional 500,000,000 options, it will be after a ML has been issued and we have signed Port and Rail access agreements cemented in place. By then we will be trading at multiples of these prices 1 would think and the 7c options won't be an issue. In fact, probably deserved.

    The underwriting agreement may be in the small print when ASHANTI did the deal. I wouldn't put it past them tbh. Time will tell very soon.

    Enjoy your weekend everyone
    Last edited by FishiesPal: 26/07/24
 
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