Pretty simple but for now I'd say they are past the point of fair value unless you are certain you will hold them for at least 1 year+.
WA8O are trading at 7.4 c right now with a strike price of 10c so if you were to buy them now to even break close to even you would need WA8 sp to be at 17.4c (after exercising). Obviously with the 3 year expiry factored in this is why they are trading at a premium but options in general are a long leveraged risk where you can make way more than you would if you invested in the share price or lose all your money.
Combine that with how illiquid options generally are and you have either a recipe for success/ disaster. Not saying that it isn't a good buy, but it is one you certainly wouldn't be able to trade or flip like regular shares.
@vmp Without cross posting too much be careful where you put your money into. Next Investors are generally a pump and dump crew and those options are a surefire way to lose money. They are only trading where they are right now because of the US antimony pump.
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