Price should there be a cap Raise, page-13

My concern with my previous theory is that IF a CR did happen, holding Options right now would be high risk.

1) you would not be entitled to the Discounted purchase price of the shares.
2) the value of the option would drop down to about 5c (even though I think the share price would only drop to 32.5c, i think the Options would lose a bit more as the reality of risk started to kick in)
3) the risk that if no Mining License by Late December, Share price would drop to 28c, and options would drop to 1c, with time running out fast.

So yeah, Options at the moment are certainly starting to seem very high risk.
But then again, they always are.

However, if Mining license comes through end of this week or even next week, then the upside would be a near doubling of Options current price.
So in terms of having a punt... 10k of LOMO might just pay off.

I personally am selling down on my LOMO and using that to top up on my LOM.


All in my opinion, and you should do your own research and analysis.