I think you may be right @smackdaddy95 and we won't see the full fair value until LD starts to earn. What I'm trying to assess now is whether we will see enough of a rise before 30 April for the options to get in the money. It likely depends on El Pillar drill results, the DFS timing and the gold price.
The excellent work that AAU has done over the last year or so has set us up for a great longer-term result. I hope that the assay delays and capital raisings haven't set us back enough to not cross the options exercise price in time. That would be a big setback.
An early settlement of the Las Lagunas tailing dam dispute would probably help a lot. I hope we hear something positive about this soon, hopefully in the upcoming half-yearly report.
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