Much the same situation here. Our intention was to either...

Much the same situation here. Our intention was to either convert the options or sell them by Oct/Nov but with Hazer's promise of so much news to come, we decided to hold on a bit longer. And Hazer have subsequently clammed up so we've probably done our dough on the options.

The only consolation is that we bought the same number of heads in the mid 20s a few months ago, effectively converting the options at that price instead of 30c. But we were still hoping to get something back from selling the options, or else be confident enough to exercise them anyway and double up. At the moment, neither "option" has come to pass. Any rally now will be heavily sold into by option holders so personally I think it's all over for the HZROs. Will continue to hold the shares, though.