Anson Resources Ltd's (ASX:ASN) shares have entered four-bagger territory in just the past two months as it continues towards drilling at its wholly-owned Paradox Lithium Brine Project located in the U.S. state of Utah.
Where the Anson story becomes even more interesting for shareholders, is the option package that came along with the recent raising.
The last raising by the company included a placement and share purchase plan at $0.011, which is a quarter of the current price.
There was also a 1:1 free attaching option exercisable at $0.025, which is now heavily in the money, and exercisable on or before the 10th August 2018.
The ASX has now allocated the new option code as (ASX:ASNOB).