Exploration Program, page-81

So from what i'm reading, and i may be wrong, there is only $1.8 million of convertable options available for conversion (the ones expiring)... then at 50% mark up they stand to make roughly 900K... however the pump today has cost them somewhere in the vacinity of 400K and that was just to get it in range of 900k profit. So in theory they would need to spend even more to blow past the existing walls and get suitable return on investment, as it stand they are looking at a 500K upside (not shappy, i suppose), however the date of placement of the converted options is on the 7th of May i think, with the number announced on the 4th.

So does this suggest they will need to continue to prop the price for another week, at great cost meaning that it would need to pump alot higher to justify the cost in the pump? So we'd be talking somewhere well beyond 1.5c and somewhere into the mid 2's surely.