The headstock is running ahead of the options I see. If you have...

The headstock is running ahead of the options I see.

If you have $10K you can buy 476,190 shares right now (ignoring brokerage) at 2.1c.
If you have $10K you can buy 1,000,000 options right now (ignoring brokerage), with 1.5c strike in 15 months time (June 2022). Total cost will be 2.5c per share at that point.

But, the extra 523,810 shares you pick up now with the options means that you'll be miles in front if the share price runs.

The inflection decision point (I don't know if that is an actual term, I just made it up) is at 2.86c (approx). If you believe the shares won't get to 2.86c by June 2022, then you are better off buying the headstock (the normal shares). If you believe the price of the shares is going to be higher than 2.86c by June 2022, then you should be buying the options (that's assuming you are a more medium term investor/trader, not a day trader).

Incidentally, on the same parcel of $10K worth of shares, when AGE hits 10c then your profit is around $37.6K.
But on the parcel of $10K options, when AGE hits 10c then your profit is around $75K. Almost twice as much....

(DYOR, and I'm definitely taking the tack of a medium termer, not a day trader, as you have to acknowledge that the options aren't as liquid potentially as the headstock, and the inflection/decision point goes up as the options go up too).

I guess the question is, what price do we see AGE going to in the next 15 months. My money is on a lot higher than 2.86c....