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Example:If the shares go to 6c from 3.4c, thats a 76% profit.If the (Mar2005--- 3c )options go to 4c from 1.5c thats 166% profit. Makes good sense to consider the options doesn't it?
Sorry,limited further info at this stage. However,the Directors will be back in town tomorrow after having done a good job with their other main interest Adamus !
In case some haven't seen my earlier messages,I will reiterate the way I see events unfolding( not neccessarily in this order). Perhaps someone else could add to my info and enlighten us all further.
I expect announcement(s) next week and subsequently, in relation to
1) Very good gold and nickel results(overdue)
2) Aquisition of further tenements specifically in relation to good nickel prospects
3) Sale of Perth iX subsidiary
4) The transfer then to the mining board
The team is Very experienced and positive, both in the office and in the field and this gives added confidence ( witness the progress of Adamus)
Sorry I can't tell more at this stage.
I expect that the on-line trading panic merchants will be burnt off in the run this time !