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
NKP Price at posting:
11.0¢ Sentiment: Hold Disclosure: Held