All options are different, some can not be traded, these can.
to exercise them you have to pay Lucapa 30c for each option you wish to convert to a share
all LOMAS do not expire until August 2015 so plenty of time to exercise or try and sell at market value but if you convert before 16 July 2014 you will get a free loyalty option for every two full shares you have so a bit of an incentive there to exercise before July and build up your full proper shares to be entitled to additional loyalty options.
I've posted at some length recently on how to go about this is you have a dig back over the last couple of weeks you'll find info etc., or simply ring Mark the secretary at Lucapa and he will fill you in on the process of how to go through Share Registry and exercise your options.
Good luck.
LOM Price at posting:
43.0¢ Sentiment: Buy Disclosure: Held
