BRV 0.00% 35.8¢ big river gold ltd

A question on the BRVO options...

  1. 15,251 Posts.
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    Looking for an explanation.

    BRV seems a pretty damn good punt in terms of the mine...the resource is there, the sovereign risk is pretty low and it seems only a matter of time before funding is obtained.

    The oppies are a 2c strike and expire in 2022.

    Now, I dont know alot about how these things work but as far as I can see, atm, they are already in the money given BRV is at 3.5c and still have a very long time to go

    So why are they still available?

    Why haven't they been bought? I know there's a risk but it IS the ASX which means you're not really risk averse

    TIA
 
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Currently unlisted public company.

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