Ann: April Operational Update, page-8

The stars are certainly aligning around 1/7/17 even the date looks special

Operationally cash flow positive

105 million options expire

I believe slow and steady growth rates will continue till then, as rate of conversion is very much controlled by LPE management.
Even in this severely weather affected month it has been steady, that indicates they are very much in control.
The updates in July should reveal the improved growth trajectory we have been anticipating.
75 million options to Armada capital are IMO being actively discouraged by the people running the share price, if Armada takes up these options they will be a strong drag on share price when they come out of escrow on 4/1/18.
Secondly reading between the lines Armada are not welcome on account of the debt facility they attempted to implement 31/10/16, which culminated in the directors stumping up with their own cash and Armadas advisory service agreement terminated.
The remaining 30 million options go to directors and x directors and would be welcome if exercised.

With the Bank finance facility due in weeks and the prospects ahead of the company it will be difficult to hold the share price below 2.5c, but I believe it will be.
In July all the big players will be set and the share price will be released to re-establish in line with growth. Not forgetting it started at 2 cents 4/1/16 with only 10GWh under management, which makes 2.3 cents with 101.5 GWh simply ridiculous