SD, also, in line with your thinking,
could it be a play on the oppies? Drive the SP down with their holdings, to pick up oppies at the pointy end, 10c, then wait for the scoping study, then hlep push the heads back up, and dump the oppies just before the expirey.
I havent converted yet, but if we do see them out of the money, also, will spend the bucks on the heads at say 25c??
Its just a question of i have the right to buy at 30c, or i will buy from the market if its cheaper.
At the end of the day, its about the total volume of MAK you have, running into 2010.
cheers
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