It expires in two years. Where's CLZ going to be in two years? Full scale mining? That's what it says in their anns!
You have option prices on sale for 0.001 with a strike price of 0.003.
Gold is very valuable, a few thousand ounces could get CLZ back on her feet, IMO. What if the SP makes it to 0.004?
IMO, a possible strategy is pick up options at 0.001 with a strike price of 0.003 & convert them at 0.004 for an instant profit. If the SP makes it to 0.004 or maybe higher? Who knows.
Not investment advice.
I hold no shares or options in this company.
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Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.790M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| CLZ (ASX) Chart |
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