POK potash minerals limited

Greetings ! Does anyone understand how the POKO options work?...

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    Greetings ! Does anyone understand how the POKO options work?
    Lets say you bought 1000 POKO options @ 4c.

    I understand the strike price is 20c expiry 30/11/2015
    Can I exercise the options ( convert to shares) if POK shares are above 20c
    anytime before expiry. Would the profit be 20c minus the buy price of 4c

    Any experienced traders - would love to here from you , Thanks
 
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