KRR 0.00% 0.9¢ king river resources limited

I can’t find KRCOB either ? Suggested platform ? 15c ???? I’ve...

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    I can’t find KRCOB either ? Suggested platform ?
    15c ????
    I’ve never bought options before but stop me if I’m wrong doesn’t that mean they would only be worth something if the share price was 27c ie 12c option + 15c purchase price ? That’s madness ?
    I thought these would be at like 1c ?
    Anyone able to explain to me please ?
 
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