Well it looks like traders are seriously looking at the upside...

Well it looks like traders are seriously looking at the upside here of these options which really hang off these production announcements in the next few weeks. Offer side back to .003 which while a small positive is something considering it was wallowing at .001 for months.

I still think OEX will need the share price back at least 20 cents in order to convince these holders to convert. Just achieving 15 cents on the heads will not be enough IMO. However looking at the market depth averaging around 1 to 2 million on the offer side if OEX wants these options in the money I am sure they have the connections with market makers to move the market very quickly just as it was heavily sold down last year.