if the SP was to hit $1.10 the options less 25c strike should be 85c.
8.5c x10 would be my investment.
heads at the time were 35c so at $1.10 SP the gain would be less than 3x
options are a more dangerous investment type however than full shares and should be understood the higher risks before purchasing
Ann: Laforge Belt Scale Lithium Project (Quebec) Granted, page-33
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