Excersise price is 20 cents and exp date is 28 feb 2011.
If you LT view is for CAZ to trade higher, it makes more sense to buy the options.Often you will find that it is the cheaper way to go ie options 30 cents offered and stock can be 52 cents bid.
Volumes in options are low and spreads can be horendous so buying them with the idea to trade them can lead to frustration.
Follow link to see details ;
http://www.cazalyresources.com.au/files/grabdoc.php?type=doc&id=204&cid=44
Hope it helps
R.
a new 52 week high of .535, page-11
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