Ann: Operations Update, page-234

It seems that the options will remain in control of the SP until weeks after expiry. In the absence of really positive news, not entirely ruled out with the Yangir results to come, the 80m+ option expiry will dominate for the reasons mentioned by Kurt64. So thoughts to myself on how to play this:
1- Dont expect short term SP rise, just too much selling of heads to fund. Or options themselves
2- I may well see SP hit 10 so dont be scared, hold tight its just a technical supply/demand imbalance. Nothing has changed fundamentally in fact with Yangir results hard to argue things have not improved.
3-If I have cash to exercise I would expect to get some more very cheap options well below the implied value. ( SP-0.0679) as folks who dont want the hassle of exercising sell out before they expire worthless
4- wait until late Jan/Feb when resource announcement is due for things to feel better.
It may get volatile
Its an opportunity to get cheap shares

only financial advice to myself.
To all the short term conspiracy theorists its not a tree shake, its not being manipulated by unseen dark forces. It’s a simple case of more sellers than buyers concentrated in a confined space of time when markets are typically illiquid and volatile. Take a breath and walk away.