Personally, I saw the dump into 0.001 as a buying opportunity, taking another 1M options at 0.001 this morning to add to my existing holding, taking me to a total of 5M units. The expiry date at end of Dec '21 is looking pretty treacherous at the moment, but if there are any positive news/results from Hook Lake or Peru in the next few months there is a reasonable chance they'll pump to ~0.005-0.01c.
I think some others saw it similarly, as all units were snapped up and we've now got 8.9M buys at 0.001.
Options are always an amplified risk/reward scenario and this is no different. Fingers crossed we have some decent news flow over the next two months.
VAL Price at posting:
0.8¢ Sentiment: Hold Disclosure: Held
