weighted average valuation a$0.084.

From report: "We value Nuenco NL at A$0.066 to A$0.145 per share with a weighted average of A$0.084".

The AWV is the most realistic target prior to options being converted IMHO.

Their is no way the company will allow the options to die as it's the most cost effective way to raise funding and will be a company maker together with the immanent cash flows from gas sales going forward.

Of course, I'm bias as I've just bought 1.5 million options so best make up your own mind what to do!