RE:RE:RE:RE:Let's Talk About Q22 warrants plus $5.50 until July 2025 to get one share. Stock was trading below $5.50 when it dipped on poor Q1 results and the warrants held around $0.40. So given there's a little over 14 months left that means that the time value of the warrants is about $0.035 per month when trading around the strike price. Stock closed Friday at $5.77 or $0.27 over the strike price or $0.135 per warrant plus the $0.40 time value and the warrants should be trading around $0.54 but market was $0.47-$0.48 Friday or a 10% discount. Seems the warrants are a good deal up to $0.55 given gold and Aris common looks to go higher in next 6 months or do. So if the stock goes up a dime the warrants should go up a nickel. You gotta love leverage on penny stocks or warrants in this case.
GLTA