someone keen to get out of the 2011 3c options, page-5

certainly possible, but SML would have to prove something spectacular.

As you are probably aware the Oct 09 SMLOC's have an exercise price of 4c.

To get a little vic goldie to move that far there would have to be a significant change in market sentiment or a spectacular announcement.

All the vic goldies seem to be very unloved at the moment. If your a bottom picker, this could be the sector.