Hi, I have a few options, bought in at 29.5c, and have written to Peter to understand what would happen to them when they come close to expiring, exp. considering the recent long suspension.
His answer was along the lines that should they not be in the money by then NKWE would look at extending them in some form or another.
If that is the case and it is believed the JV and BFS could possible come out by the middle to the end of this year, surely the options would be the best buy right now, imo..
Can someone with knowledge around the rules with Company Options tell me if NKWE are able to extend as they see fit at the expiry date? I've been trying to find the answer online but no luck so far...
MAny thanks,
JAzza
NKP Price at posting:
33.0¢ Sentiment: Hold Disclosure: Held
