More like: option was free. Capital raise at .38 Options have a...

More like: option was free. Capital raise at .38

Options have a shelf life of two years- heads will hit 80 cents at some point in that time IMO making oppies 25 cents

Sell your cash holding for even 25 cents

If you bought a mill: $250,000
Assuming you only got 25 loss $130,000

Hold options for a year- sell at 25 cents on the rise

Profit $250,000
Minus $130k loss

Total profit $120k

For those selling at 33,2,1,30 etc the margin is bigger and they are cashed out with a minor loss of 10-15% but hold free carried oppies with long life.