yes say you buy 1 million options at 0.04 cost your $4000. Then at anytime until August you can pay the company $40,000 and you have 1 million heads so of course you won't convert until the heads are in the money. The ideal situation if for us to hit on 1 or 2 wells and l will be converting all mine if you don't like risk you can probably sell around 1c before some of the results.
Potential 50 bagger, drilling Feb 2017, page-68
-
- There are more pages in this discussion • 874 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)