A big positive on any warrant is the expiry date

if our warrants expired later this year we would be trading at a fraction of where we are

instead, we have 5 years on which potential is built in

the potential of what K can move in 5 years

the potential of what the price of gold can move in 5 years

if people get bullish on the POG

we'll be one way of making that bet

safeharbour