Once all the options are converted I expect the share price to...

Once all the options are converted I expect the share price to appreciate significantly, the options conversion is one factor holding the price down, people are selling shares and options to free up money to convert the options. Still a lot options to be converted, however if results come good from Zapato or we get a good road map to production that could push the price significantly higher, IMO above 20c and maybe even 30c, which I think is fair value, I base it on MAY's share of the current recoverable oil discovery of 108 million barrels, does not include any potential discovery from Zapato.