News: WHL Energy receives Seychelles approval , page-7

I think the strike price for options is 4c, with expiry Nov this year (based solely on another comment on this forum).

There would need to be some drastic action on the heads for the options to be in the money by then (eg you'd be tripling your money on the heads before the options are worth anything at all). I'd wait until we see more movement on the heads before touching the options.

I've taken a small position on the heads today though. I like what I see :)

Disc: I'm in no way a financial advisor, and have no idea what I'm talking about most of the time :)