With heads now at 11c NKPO (10c with expiry 31/3/16)are in the money .Still has plenty of time value unless of course as speculated Zijin make a move.
Black & Scholes valuation
Heads 11c
Options 10c
Life 925 days
Risk Free 2.5%
Option valuation time 4.5c approx (+ market assessment of 2c payment made by holders to secure)
Good luck to holders and good luck to those who may want to secure a position on market
nkpo in the money!!
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