If referring the oppies expiring in sept 24 Think the oppies are...

If referring the oppies expiring in sept 24 Think the oppies are 30 cents not 20 cents .
Apart from Bulletin ,Maybe a decent MRE on golden gate will end up showing potential for the sp to appreciate significantly
Maybe Klondyke will be an analogue of RED's KOTH mine in how an open pit can turn around to being profitable once getting down to a more consistent ore body and lower strip even if very low grade .
Maybe CAI will be able to lower its mining cost per BCM down to the costs of CMM
Lots of maybes thats why they are options , and why the sp is at such a discount to the insitu value of its resource .
The HAO and Nullagine agreements has given greater optionality to what these guys can do .
Just do not bet the farm on it .