Options price17 Feb 2018 19:19
Just reading the equity and option RNS, it is pretty shameful that 64,000,000 warrants issued at an exercisable price of 1.55p. They should have staggered them with future objective SP milestones, this strike price doesn't promote any desire to increase the SP - its stagnating. Would re-invest here but is blatantly obvious the BOD are milking the gravy train, and the sentiment of the PI's invested is shot to pieces. Are Metal Tiger (if i remember the name correctly!) still invested or are they long gone? Do the BOD have wild salaries too? Now they are in production, would imagine there is a decent profit margin here as well. ATB and GL