yes it is rare and this is a rare situation.
If we were depending on canning to be the maker of this company then even with a time decay period of 2 yrs there would be little premium value on the oppies.But we are not.It is Cambay and more specifically the proof of concept well .Moreover boundary well with oil or gas only one of which needs to connect.Big potatoes if connects-just look at the figures but just another wannabe /was maybe if this well is useless
So yes very unusual in that you will almost certainly know before expiry what these are worth
You can also take heads of the table secure half your money convert the other half to options and and still be ahead of the game if the proof of concept comes off
Unusual yes very
OEX Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held
