penoc what the???, page-12

Finally someone has done the numbers and modeled the percentage gains available on the 2 scenarios of either holding the heads for the next few years, or buying the OC's and then selling a small percentage when its time to convert to pay for the exercise.

You will find that once the SP hits over 20c, the OC's provide 50% greater return on your initial investment....hence the leverage becomes most evident and a no brainer IMO.

Whilst I promised myself I had finished my buying, couldn't help myself today and bought some more OC's....I think I have a problem. (Still not at break even though.)

Kiril.

I hold.