Some good analysis above
Both the Stock and Options are Speculative investments, only difference is Stocks have no end date to realise profit.
There is 6 months between target date of flaring (Q4 17 as per last qtr report), and the options exercise date in June 18 - I think we will see the SP fly in that time as the resource will be upgraded to 2P/3P
Off take agreements will be signed in that period, all construction packages for commercial facility will be let, HoA will turn into JV arrangements or similar, the list of catalysts goes on
I think the key for all of us is to strike a comfortable balance between LCK and LCKO and let the team keep hitting those milestones as they have done to date!
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