Wts - 1825k at 0.15 expiry 02mar14 ... then the rest well out of the money at .45 and 1.25, only a million and a half of them anyway
Options - says 10.5m at strikes from .10 to 1.56 in the 3Q13, should really be broken out in detail, more professional, still they're not likely to weigh on shareprice near-term
Cash at bank 12m as of 30sep, twelve cents a share [144m out], looks to be about a year and a half worth of current burn, although Micon's charges for the Romero PEA may increase the rate somewhat in this quarter ... pretty well financed, by comparison with many, there appears little to no question of survival through next year, unlike a great slice of venture productions many of which lack not only cash but also the drilled-off metal we've got here
So, on finally getting some fresh funds into accts yesterday, first stinker to catch was on gqc, little one at .225 a multi-year low ... felt so lucky, lol [still sitting on stinkers from previous lows that never were, thought for sure .30 and then .27 would hold, duh] ... it's been a long road with this one, net-net a happy one though, has always come back with a vengeance sooner or later ... ye olde 'resource nationalism' in the DR may be a factor in coming months, but i think you could argue that it's more than baked into shareprice at this level ... we shall see |
