glx strike price, page-8

Malcom, do a calculation on the oppies vs heads in a simple excel spreadsheet. You capitalise on the multiple early, then sell when the differential in percentage closes in.

Do a calc from heads @ 12c and oppies @ 5c, as if you had $10k in each. Track it to $1.20 heads and $1 options, very possible by the end of next year if the PFS (end this year) and BFS (next year) is completed successfully.

See what bang for you bucks you end up with.

If you can't be bothered, heres the end result:
$10k @ 12c on heads -> $120k = 12 fold increase
$10k @ 5c on oppies -> $200k = 20 fold increase

Or if you're really gutsy, add another zero and make it a $100k investment and at the time of expirey sell enough to convert and ride the future increases after this initial 20 fold increase on the oppies.

Now if you were lucky to have oppies from 3c and the above was followed through to a hopeful $3 share.... there's your 100 fold increase.