options, page-5

LOMO seem great value since they expire in 20 months time... You would think in 20 months we will have a better idea if LOM as a company is a goer or not... IMO this is a binary outcome, yes or no... So by paying 1.5 times as much for the heads and the outcome is a NO (not commercial, no diamonds found in commercial quantities) then the heads will go down to almost nothing, as well as the options. But if the answer is YES and more commercial diamonds are found then LOM as well as LOMO will head to the moon with LOMO having more value for money... So IMO LOMO is cheap and should be closer in price to the heads, say 0.006