Ann: Metminco to merge with Andes Resources, page-20

MNCOA / 30 = 33c strike price. Same expiry.

Depending on who supports the $4m raise then the heads could rally (I expect SFR to take a large component). MNCOA will probably trade 1-2c, but with far more liquidity - not because of number on issue - but because they're simply worth more than 0.001 (from which you can't get lower). MNCOA value will probably take an instant 50% hit to what you have today, but at least they'll still exist and you'll be able to exit for a loss with ample liquidity should you choose.