RE:RE:Webcast Cipster:
Management said on the call all the warrants which would have expired in November were excercised (they were in the money). That was 3.5M warrants at $.11.
Upcoming warrants which are currently in the money to expire in 2021 are per the last FS on SEDAR:
Warrants on units 13,075,000 - expiring Jun-21 excercise price of $0.075
Broker warrants 1,118,950 - expiring 17-Jun-21 excercise price of $0.05
Also about 2.7M warrants up to expire in July 2021 at price of $.10.
You can bet the 2021 warrants will be excercised since they are clearly in the money and will most likely continue to be. The cash raised will be about $1.3M.
The Company has about 390M share o/s per the webcast if I remember correctly. I am not worried since I knew the large float when I bought in when Sportt bought into the PP very early this year. The Company is okay for funds for the next 9-12 months. The stock price is going to take a lot of good drilling results in the next several months to rise due to the large float. My short term target is $0.30. GLTA