head v tails, page-3

mate, if sp in Nov is 8c op would be 6.1c to 6.2c tops ( based on the potential of an options conversion program )

There is no doubt that the tails are trading at a premium to the sp atm, ( which places the oppie bang for buck argument on the conversation table )

If you believe the story and reckon the sp will be north of 2c or multiples thereof come efy to Nov c/o ALDP&CSI, then, converting them atm for about half a cent sounds about 350% better than doing it later in the year, so long as you plan to hold for the gold post CDP ( CCPs MDP MCPs )

But,,, %ages are one thing.

Others will be looking at the later life pass the parcel bang for your buck play relevant to well in the money, just in the money plays. Half a cent to 6 cents is a 12 bagger, 1.1/1.2c to 8c is a 7 bagger.

And then others will argue they will finish worthless, and that Coldry is unbackable unproven etc.

( ps The Banker,,, about now mate cheers )