strategically I agree it would be a better 'option' for FPO's.
however, I expect the Oman ML to be issued sometime towards the end of March after the Jan/Feb applications window has closed. If this turns out to be correct then AUQ sp should lift to say 3/4c at which time the option holders will be able to get out prior to Jun expiry.
The Saudi deal remains a lot more precarious IMO.
AUQ Price at posting:
1.9¢ Sentiment: None Disclosure: Held
