If pattersons sell all the shares they have purchased at 6c or...

If pattersons sell all the shares they have purchased at 6c or above then they get there money back, yet remain fully exposed to any price rise with their option holding... That they got for free too. Selling the option is all profit thereafter... In saying that though I like the assets potential and it's definitely back on the right track in getting them developed. In my opinion the stock dropped due to the market factoring in a much larger discovery than what eventuated with the size of the drilling program.. After that the money for further drilling has dried up unless offered at a significant discount which is where we are at now.