5c strike.
Given what the heads have done previously, when they get the tenaments renewals through, would think the opps would trail a 50% dicount as previosly done.
12m is sufficient IMO.
You could buy heads at 14c, or opps at 5-6c.
If the heads double, tripple, so will the opps.
But you get better than 2-1 at the moment.
And you have the upside that if the heads get over 5c, and run above 7.5 to 10, you get extra leverage.
Cheers
namibia, page-15
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