Is the Investor unsure to buy at 4 cents vs 7 cents? Yes to some extent but one must ask why? The answer lies in what MRT will do! If for some unknown reason MRT refuses to grant the lease then the value of the shares will drop to a point where only the Flare Gas will add value to the company. That Flare Gas value should place the value of the share price at many dollars already, but that is another story.
So now assume MRT does approve the lease where will the price of the stock go? Much higher then the 4 cents its at now and I should think higher then 7 cents, the option price. Depending what the price goes to within the next few weeks will determine what action to take. Now remember many new investors are nor eligible to purchase the options and those people that are interested in acquiring more shares should consider doing it at the 4 cents price because they can't take advantage of a spread above 7 cents later on. The stock they buy is stock from a selling shareholder and offers no advantage to the share holder. The option price of 7 cents goes directly to the company for all share holders to benefit. So each individual has to look at their own situation and judge whats best for them. Whats good for one is not necessarily good for all. By exercising your rights options you will be insuring the continuing process of searching for oil thus to some degree protecting you previous investment in the stock. Regardless if we strike oil or nor the stock still has great value. Its estimate the Flare Gas nanotechnology is worth about $5,000,000,000 and divide that by 425,000,000 shares that equals about $11.76 a share + or -.
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