given the overhead supply at 0.4c, and options flooding the market, for mine only, not investment advise, i would be considering entry at say 0.3 on the heads.
(0.4c cr less 0.1c option value = 0.3c break even) We often see sp weaken around or below the CR level.
not sure about the ops, as even at 0.1c, the heads offer better value imo. I would look to exit even with a bag or so at 0.6c or so.
Just my opinion only, not investment advise. I am not convinced of stable jurisdiction to hold long.
Ann: Acquisition of DSO Nickel Laterite Project and Financing, page-29
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