Hi a fair posting but when the options were in the 3 cent range...

Hi a fair posting but when the options were in the 3 cent range it would have been very hard to build a 1 million holding as these options are tightly held by long term holders Also at that time there were some unknowns about the field now it is all plain sailing ( I Hope ) untill production date and there has been a big buyer of the options as they became available nearly 3 million so far . I would assume that these buyers have the intention of exersizing as they would have to be expecting a good rise in the shareprice to do a trade . I bought a few today for this reason as I will be fully commited finding the CASH to exersize the others Cheers to holders Towie