Ann: Noosa Mining Conference presentation, page-3

Hi,

I am a newbie to HC and ESS.Can someone tell me how the options work?If I buy ESSO now @ 0.12 and when I want to convert them to fully paid shares and shares are trading at 0.3, how much should I pay at that time to convert and what benefits in buying options.

I know for many its a basic question so pls ignore if you dont want to answer.