Call it a 🐶if you like. I’ve known the company for years. Yes, there is risk- but at the placing price I’ve taken a similar view that the potential upside outweighs the downside. Might be right, might be wrong. The listing alone is worth £500k. DYOR.
These warrants include an accelerator clause — meaning the company may serve notice to require exercise if the share price trades at 0.006 p or more for five consecutive trading days. If the company serves such notice, any unexercised warrants are cancelled 7 calendar days later.
We should have news this week regarding the Acquisition completion of Pereira Velho Gold Project and Appian joining Share Register as a major investor.