I see a lot of people confused about the option vs heads price disparity - I hold both and my logic is that the drill results will most likely be released before the conversion date. Because of this there is probably fear that the results will not be as good and the sp is pricing in.. and the price will drop.. meaning the discount isn't really that great.
I expect that post-results, if they are good and the heads hold strong, we will see a major jump in the option price, up to where it 'should' be.
I see a lot of people confused about the option vs heads price...
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