ive lost my shirt on options in the past
worst case would be lower head grades than expected early next year and panic sets in with oppies out of the money
not likely on this one BUT it can happen
but the heads are forever and this seems like a great prospect with great management and a thoughtful exploration plan so will survive with time and my money is an investment and not a speculation
im going to wait for a pullback nearer production (the commisioning head grade will be lower as there is the shaft development ore to put through and people may react dissappointed forgetting the real ore is yet to come) and then buy the options when uncertainty is high
if that doent occur im happy with my holdings and dont need to be greedy
GLTA
BB
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ive lost my shirt on options in the past worst case would be...
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