re: awaiting the biggest news for hdr in a while - I've got 20...

re: awaiting the biggest news for hdr in a while - I've got 20 contracts of $2 calls that expire on the 25th of may. If the share price is about the same as it is today there is not much point excercising them, I'll can just take the cash and pocket a couple of $K. However if Mputa-2 comes in with good results before then I'll be excercising them.

The big question is what do I do if we are close but not at target depth on the 25th. Excercise or not?

So in answer to the question of what I am doing in the meantime, I'm contemplating ringing up Simon and urging him to drill faster!