I Can Smell It, page-54

Hi IK - mate I agree with Prolifix and Sam in what they are saying in that the price of the oppies may in one situation be about half of the heads now but it all depends on circumstances and in the case of the Ann we are sweating on becoming a reality - then the SP of the heads should obviously explode as should the oppies and as Sam said - the oppies should only be basically a pip or two more then the exercise price behind the SP of the heads so if the heads are 8, 12, 25 or 50 cents then any option holder is going to have a huge smile on his face as his options will have cost him a pittance and the holder has generated a huge leverage.


I know it is so simple to say but the fact is that it now all boils down to a couple of signatures and if your research has convinced you that those signatures are about to happen then the options are a great investment - if that's how it turns out.