Ann: Trading Halt, page-158

The oppies aren't in the money yet, but they certainly aren't worthless with such long expiry (~2.5 years to go) especially for people who value the long-term future of the company. SP of 0.7c will put the company market cap still under $20M. That's very achievable and realistic if CZN get good results in the next round of drilling.

The Placement price was 0.35c with free attaching option. If you sell the shares at 0.3c, it essentially means you "purchased" the oppies for 0.05c - which is still a pretty good value if you want to reduce your risk.

Anyway, it's better for the CR flippers to be gone now rather than later (and hold back SP run if the upcoming drilling is successful).