Does this need reflection NLI?, page-40

Unfortunately Mutley8 shares are like options. They will lose value over time if you don't keep buying to offset dilution (currently not a problem) or buying power (inflation).

The Company is being starved of funds because pushing the price way below cash value means the options will expire. With an extra $5mil (option exercise) they could have drills ringing in Sweden and Portugal.

There are sometimes better opportunities out there, over a months timeframe. However your BoD sometimes reacts and stems the freefalling share price with actions and not words.