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why minemakers is the best phosphate play, page-21

  1. maverick2000
    1 Posts.
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    27/11/08
    12:21
    Post #: 4546828
    Not really understand what stig saying...

    Say if you fund the option = -30c
    Right to buy at 24c and sell spot at 50c = +26c
    Total gain loss = -4c

    So isn't that you still make a net loss at 50c?

    Correct me if I'm wrong.
    AEV Price at posting: 50.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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