I can't for a minute believe we would pay cash for LOPG. Surely we would at best offer a 1:15 share swap.
IceMax has a supply ship next to it for most of the day - maybe it is just taking on the last of the champagne for celebrating the massive find
So the spudding effect appears to be a decrease in share price. Perhaps once the Ice Max actually gets underway we will see some movement in the right direction
The last time I looked at the Icemax, I think it was under repair. It is now active. Hopefully it will be underway soon: [link]
Sobeit, I believe the options are at 17p because unlike baby's they are in lieu of a directors salary. If they were being paid a salary, they could buy at todays price using their salary.
Directors allocated themselves 3.75 million stock options at 0.17c; they are not paying money now but getting allocated. Its like million quid to directors they will not let bleeding shareholders easily.
About 18 millions shares they sold in 5 days
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