Ann: Large-scale Saprolite Clay Outcrop identified at Pocos REE, page-91

Yes I've had my biggest wins on the ASX with options. I prefer it when they lag like this as in my experience they generally catch up at some point on a stock gaining momentum as investors/traders want to get as much leverage or perceived leverage as possible. They aren't for the faint hearted as they swing wild. You need conviction medium term or at least be a sharp enough trader to be willing to take them on and deal with the less liquidity they tend to have. Unless well in money I usually will want to have them converted to head shares or sold several months out minimum from expiry date because they can dry up due to both conversion and fearful reasons resulting in evaporation of buyers. This is why I loaded up on ENVOs the lengthy strike due date (end 2028) and the fact they're at roughly 1c to the head share 2c. A 33% gain on heads meaning nearly a 100% gain should the options trail close to their exercise price of 1.2c. Very appealing and in my view at this market cap. Monster reward vs risk ratio.