gdy oppies, page-4

It seems inconceivable that GDY could get a trial plant up and running by 08/12/09 (the expiry date of GDYO).

The movement on the options means nothing as it merely reflects the gaps in the sell side of the thinly traded GDYO.

Origin's farm in to GEL 185 is likely a hedge against further miscalculations that might see the HAB wells as the grave for the current incarnation of GDY. It is in no way a statement that they will fail, but an acknowledgement of the possibility.

It is difficult to imagine GDY reacing the strike price for GDYO ($1.50). Perhaps a bonus issue is in order?