Ann: Option Agreement to Acquire Further Lithium Brine Tenements, page-124

Hi Matchbox. Another way of looking at it is to wait for XTC to double to 0.016 then sell options and buy heads at .022 you would be in the same position. Just my long-term view you may have a shorter-term Target.
Just calculated a few figures let's say you have $1,000.00 worth or 125,000 options at.008 then that would=90,909 heads not allowing for fees, then if options double to .016 and you sell at that stage then buy heads at .019 = 105,263 or even at .02 =100,000 shares effectively 10,000 or 15,000 shares better off.