HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

Free
Message: weighted average for options

I took a look at the weighted average for options from 2008-2010

600,000@ .80

3,865,000 @ .62

55,000@ 2.09

500,000@ 1.84

700,000@ 1.84

7000,000@ 2.70

250,000@ 1.36

(If I missed any options...please let me know).

Based on the above using a weighted averge I calculate the weighted average as being 1.145. A mere 3.5 pennies above our 1.18 closing price.

Share
New Message
Please login to post a reply