The 25 cents exercise price and two years expiry makes this...

The 25 cents exercise price and two years expiry makes this loyalty option quite valuable, probably worth 4 cents+ now and will be a lot more when ALB starts drilling. Therefore hope every holder remember to apply for their bonus.

ALB will start the diamond drilling on Lennard shelf once culture clearance is ticked, this should be pretty soon considering heritage protection agreement is already signed. I think news might come after the record date of loyalty options. Considering ALB's tiny EV this will put a boost on both share price as well as options.

Leinster nickel project is also in preparation for drilling, so exciting time to come.

You will see what drilling news does to the near shell value stocks when look at NKL recent price action, another CPS backed nickel exploration stock.