That will never happen. No geo worth his salt believes in a top...

That will never happen. No geo worth his salt believes in a top within any thing less than 18 months of solid drilling. Creasy has more cash than he cares for and maintaining his percentile by switching is just a punter tactic, not a profesional who Always looks for more control of class assets, not the status quo as you outline. Converting all his options will not indicate anything other than its is cum expiry and in the money. It has no bearing on the outlook.

The amount he's given them is merely what they need to drill out enough of an answer for him before December but the fact he paid 60 cents is enough to tell us it is not the same company from two weeks ago and the promise is significant. I always keep my reasoning as simple as I can otherwise you'll soon get stuck in "logic" traps.