You will probably have to wait until the drilling program is announced or wait and see if there are any other announcements released in the next few weeks in order to make up your mind. If they achieve their initial drilling target, price estimates are 70c-$1.50, so even if you paid 20c for your options 20c plus 20c to exercise is still a lot less than 70c-$1.50.
From the information today, Mindax seems to have quite a few projects around with good prospects.
MDX Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
