It pays to keep an eye on the Oppies.Really happy to grab a top...

It pays to keep an eye on the Oppies.

Really happy to grab a top up of Oppies/tails today for 2.6. This is great value compared to heads at present for conversion straight away or holding to make better percentage profit.

CONVERT NOW means I pay 2.5 to the 2.6 I’ve just purchased which means I get the shares for 5.1 compared to the the heads price of 5.3. About a 4% profit for doing nothing... bonus.

But I’m holding thinking that the heads will hit about 7.5 once commissioning, gold pour and sales are announced.

CONVERT AT 7.5 in a month or so, tails should be about 5.0, this will mean...
My Oppies have gone from 2.6 up to 5.0... 92% profit.
Whereas if I purchased heads it will have gone from 5.3 to 7.5... 29% profit.

Good part about that is company profits from conversion, and higher profit on the Oppies. Little risk at this price as they’re already in strike price. All imo!