MRQ 16.7% 0.4¢ mrg metals limited

Ann: MRG HMS Binding Joint Venture to Develop HMS Projects, page-96

  1. Zxc
    3,459 Posts.
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    Lots of different ways of approaching options but another way to think about it is that instead of spending $40,000 for 10 million heads, you can have the same "exposure" to the MRQ upside by only outlaying $10,000 on 10 million options.

    Yeah there is a risk they expire worthless but if in 18 months time of the share price hasn't doubled to 0.8c then most here would be very disappointed in their investment in heads or options.

    Upside is only outlay 25% of the capital and still get similar torque to MRQ's potential.
 
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