To me this stock is significantly undervalued on every...

To me this stock is significantly undervalued on every comparable metric. The scale of the resource and proximity to infrastructure combined with the demand for an alternate energy source in SA places KKO in a highly unique position - the stars have aligned. The exercise of options provides confidence that the holders must be sure by parting with their money a year earlier than necessary. At the same time places these funds in the account of KKO and sures up its existing financial capacity somewhat. Further drilling results and conversion to reserves will put a fire up this thing's rear, which I think is low risk given they have already received approval to sell gas. DYOR