Lucky you Glitterati! The options really are the place to be. A...

Lucky you Glitterati! The options really are the place to be. A couple of facts.

Current Market Cap is $62M. Price of shares are 3.7 cents and the price of the options will be 2.0 cents at open.

This graphite project will no doubt reach financial close by the end of year. Once that happens, share price more likely to be 15 cents (at least). At that point, options will around 13 cents. So, that's a leverage of 6.5 on RNUOB compared to 4 to 1 on the heads. Plus, unlike most listed options, the liquidity on RNUOB is excellent. There are 182M listed options on offer. Since start of the year, approx 203M (or 112%) have changed hands. If you look at the heads, 1.66bn on offer with about 692M (or 42%) traded in the same timeframe. As always, just IMHO and please DYOR.