The disadvantage is that you don't own the share, just an option to buy at the exercise price. If the expiry date comes around and they are not in the money, do you let them expire, losing your money, or pour some more money in to convert? The RR10 options already expired earlier this year and holders were offered the chance to essentially extend them until 2027 for a fee. The benefit of options is of course you can purchase more options now than full shares for the same money - it comes down to how confident you are that they will be in the money in 2027. If results are great and this thing flies you could always sell some options to pay to convert your remaining ones too.
RR1 Price at posting:
1.3¢ Sentiment: None Disclosure: Held
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