Ann: Acquisition of DSO Nickel Laterite Project and Financing, page-36

IMO not bad advice (if that kind of thing is allowed).....however, I hold a different view, a more risk/reward, all or nothing approach if you like. The company has approx 20 months to reach the strike price, even adding in further dilution and possible a consolidation (not gonna happen for some time yet, not 50:1 either mr Walrus)....my calcs have the MC around 100mill by that time (with success on a couple of fronts in Colombia alone).....Chuscal JV, Miraflores permitting and funding in place. Put simply at that MC options go 10x, heads 5 x.......lets face it both options and heads will be worthless without some luck/success over the next 12 months, so I’m willing to take the punt on the higher return all or nothing OA’s. Great having your input here steve, good to look at both sides of the coin.

JIMHO