RE: High hopes for Topaz and Jade - Sharescope6 Oct 2021 13:45
nice bit...
Assuming Empyrean’s shares start to kick in anticipation of drilling, warrant holders are unlikely to pass up on this offer, and thus reduce the risk of further dilution. Tom Kelly has pulled a few rabbits out of his hat over the last 15 years and waiting around for a cheap placing could see investors miss the boat, given that there is plenty of success case upside from the 12p warrant exercise price, with at least one analyst valuing the success case for Empyrean above 250p.