Post by
ark88 on Dec 26, 2023 10:54am
$0.05 Warrants
From the May 25 financing have been accelerated expiring next Tuesday. As of couple of weeks ago, there were 26+ million warrants representing $1.3+ million.
Clearly the company needs these funds to continue completing the farm in agreement.
If we continue to trade in the $0.16-0.17 range, a sale of 8.2 million would be sufficient to pay for the lot. Of course, if holders choose not to sell that's even better. Regardless, look out for increased volume this week.
Comment by
copperplay on Dec 26, 2023 2:42pm
220 million shares outstanding now if all exercised