big day, page-27

Depends Where you think the share price is going and in what time frame. What is your risk profile?

You can buy almost double the options compared to the fpo at the moment, so by buying the options you will double your exposure to Uran. However if there is no deal in the next year then really you are better off with the fpo, but there again if you think there will be no deal why bother buying the fpo.

Options are higher risk but you will have almost double the return if a deal is signed within 12 months. If i could I would swap all my fpo for options at the moment.