oppies, page-6

It seems Samson has updated their website to reflect the publicly listed options.

http://samsonoilandgas.com/IRM/content
/investor_capitalstructure.html

These option expire on the 31 December 2012.

Jim,

to convert the options into shares you need to ring the office and ask for the paperwork to be sent. Then you send the form back together with the payment. A few weeks later the shares will be listed on the ASX, which you may then trade. 31 Dec 2012 is the expiry date, after which time they will be worthless. You need to convert them before that date.

And, Jim, don't kid yourself about profit. You need to take into account costs and tax liabilities. Gross profit is a number that directors use to keep shareholders in the dark :)

Also, do a search on the BCC forum, Wilson, et. al. have given a pretty good explanation of how option work.

Cheers
--Dan