the company is likely to announce that the record date for the 25cent options will be 17 November. I would expect an announcement to come out any time soon.
the company will give shareholders the right to purchase a 25cent option on the basis of 1 option for every 2 shares held. The cost of these options will be 1 cent.
the theoretical value of the options at latest trade price is worth 60 cents. So you can potentially make 60 TIMES YOUR MONEY on these options.
At current price, the options are adding about 30cents value to the share price.
This is an excellent quality company, with quality URANIUM tenements, very respected management, and a good track record of RESULTS.
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