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It's good to see the big increase in revenue! But the costs are certainly weighing them down.
So in relation to the PP, if the SP goes below C$0.16, then there wouldn't be an advantage to buying the PP shares, right?
I'm not sure I understand, I thought the PP would be at a bit more of a discount to entice buyers...
Or, is the benefit that if the SP goes above C$0.45, the PP buyers can still exercise their purchase warrant to buy what they are entitled to at C$0.25?
Last edited by gonzo56; 01-12-2012 at 09:15 AM.
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