Announcement coming?, page-6

Correct, options exercise price is 9.5c and expiry date is 19 Nov 2017, so only 5 months to go. Fantastic leverage on the options , but the short time to expiry, plus their relative illiquidity ( note the wide buy/sell spread) makes them a real gamble. I'm staying with the fully paids mostly due to liquidity aspect. If we do see MEP get into the 9's reasonably soon, I might get some options but only a modest amount