Welcome back Uncleart. I recall you left us with unhappy...

Welcome back Uncleart. I recall you left us with unhappy feelings some months ago, is that correct?
I have been hanging in there, I guess because that's my style/personality.
I reckon cheap options are the way to go and have been buying them up in the last few months at 0.2c as funds allow.
Here's a scenario for the buying of full price vs options at the moment.
For $1,000 you could buy 200,000 heads (at last traded price) or 500,000 options.
Now the arithmetic changes depending on what future price we imagine, but let's say 7c for the heads, which some broker said they might go to if we have a good strike at just one well.
200k heads @ 7c = $14,000
500k ops @ (7 - 1.5) = $27,500

almost double, and the ratio just looks better the higher the sp is.

If sp is 20c then,
200k heads @ 20c = $40,000
500k ops @ (20 - 1.5) = $92,500 more than double.

Bring on the drill (oh, when it's the best time to)