General Discussion, page-635

You get the "option" (not obligation) to buy ordinary shares (ASX: UNT) at 6 cents. The benefit is if UNT is higher than 6 cents by July 2024, then you have the option to buy 80,000 shares at 6 cents. If UNT is greater than 6 cents between now and July 2024, then you get to buy shares at the lower price (6c). Then you can sell or hold.

Options can be very good. But you can also sell your options if/when the option price UNTO moves higher (just like normal shares). You buy at .007 and sell at 1.7 cents in a few months. You then make a profit.

Writing on the run, so hopefully it makes sense.