we want options, page-8

Ongoing for a while? Please refer to ASX announcement on 21st of Feb :
"The Company is not aware of any information concerning it that has not been announcement to the market, which, if known by some one in the market could explain recent trading in its securities"

Are you suggesting this announcement is a lie?

I guess we differ in our definition of 'risk'. But personally, if you can enter a stock at a 100% discount to today's closing price combined with the volumes traded in BLT shares of late, I view this as as close to risk free as you will come by.