The big question is will MZN climb and hold well above 2c in the next few weeks so that all holders of MZNO convert.
One would think that there will be plenty of news to come
- Commencement of drilling
- RXL Update
- KDR Update
Any one of these could provide major upside and get the options in the money.
Definitely risky although huge potential.
Say if news comes out and MZN goes up 100% to 3.2 c MZNO would go up 1000-1200% 1-1.2 c
Or MZN stays below 2c all December and MZNO are worth absolutely nothing.
IMO the directors will get them over the line hence why I am invested in MZNO more than MZN
Worst case scenario for me is a capital loss that I'll use against some big short term gains I've recently made.
MZN Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held