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Gold/Mining/Energy : Steppe Gold (SPE:V) -- Ignore unavailable to you. Want to Upgrade?


To: CIMA who wrote (977)6/18/1998 1:48:00 AM
From: brian krause  Respond to of 1248
 
CIMA, In Reality there are many questions that need to be addressed.

This one already has
Message 3768438



To: CIMA who wrote (977)6/18/1998 3:18:00 AM
From: brian krause  Read Replies (1) | Respond to of 1248
 
Hope that the 2 million required for Standard Bank due diligence included the need to have the next payment on K & A made.

Message 4225687

The repricing of options was a forgone conclusion due to the expiry date and current share price. What I can't agree with is the issue of new options with a two year period to exercise them. The money raised from the later is not required by the company for operations at this critical time but rather it is a money grab by some of the company employees...and I doubt many of them are issued to the equipment operators and mechanics.