RE:In the money big time.photoman,
Take a look at prior press releases. Starting in October 2018, I think you will see a number of options and warrants that have already been exercised (including some by Plethera). That is, the numbers you posted look outdated to me. Of more significance on options and warrants already exercised is that there has been no selling of the same. If memory serves me right, the recently extended options at $1.20 are next in line. WHN could have extended themselves some cheap options but went above the then current market price. In short, WHN has financed current drills via the current share structure without any PP's. Going forward, its possible they will exercise the $1.20's so as to avoid dilution to total shares outstanding (on a fullt diluted basis). Eventually, they will need to undertake additional financing to offset infill drills. Right now, I would not be at all surprised if they do not keep dilution to the absolute minimum when it comes to discovery drills (that also includes Skoonka). IMO, of course!
GLTA