Quite a few stocks have a so-called hype premium, meaning future earnings are priced in. If the development is successful, these premiums are often still underestimated.
It’s great that Outokumpu has moved—or rather, is moving—into this same league. You wouldn’t have expected it from this industry, inventing something concretely new for basic production. I also agree on the pricing; the option can be exercised practically for free, and the stake on the table is small. The return potential, on the other hand, is truly significant.