tcf, you were correct from mathematical perspective.
I said that wcuo is cheap from the potential return perspective.
From my perspective, at today price of 0.065c, the option price could double once we reach the production stage which is about 8 weeks away as some one else mentioned.
By this stage the head should be back around mid to high 30c which represents 16%-33% increase in SP, while the option is doubled.
WCU Price at posting:
29.5¢ Sentiment: Hold Disclosure: Held
