PS. The heads need to be above $0.009 cents per share to be worth picking up the options at $0.001cents FYI.
If the SP jumps to above $0.009 in the next two weeks, then options could save you some coin if you pick up options at $0.001 cents.
Timeline is a bit tight, but can happen.
If some positive news comes through in the next 14 days and SP goes to say $0.012 cents as an example, then any options picked up at say $0.03 cents and under then exercised will be a discount to the SP at the price of $0.012 cents.
The exercise price for SI6 options is $0.008 cents. Must be paid by the 1st of July 2022. Options are removed from listing on platforms around the 27th of June, so if the options are in the money best to not leave it till the last minute if possible.
If you buy options at current price on offer ($0.001 to $0.003 and the SP is $0.012 cents you are in front etc.
Cheers BJ![]()
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PS. The heads need to be above $0.009 cents per share to be...
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