Thanks Brighty. At 5c strike, no wonder nobody wants to buy...

Thanks Brighty. At 5c strike, no wonder nobody wants to buy oppies.
It seems they've only been over 5c twice in the last 5 years and at 5 c were never at a big discount, but if the Company can get back there within the next 12 months, it's a bagger.
Right now though, .8 + 5c is over double the heads so the BOD has some work to do to get the value up to 6 to make it worth while.
With 95M due to be exercised in the next 12 months, the SP will need to double++ or there'll be 96M lapses. NO?
Zambia is a concern - i also have ARE which lost their licence through a combination of incompetence and fraud.
I must say that the leases all seem to be in good neighbourhoods and are probably a better gamble than most 2c shares.
Might be worth a flutter.