1. Because the broader market has ZERO confidence in David Casey...

1. Because the broader market has ZERO confidence in David Casey following the Uruguay fiasco and the company is doing nothing to sell the story and restore confidence (IMO the failure to sell the story and restore confidence is aligned with management interests - see my next point).

2. PRL does not necessarily need the funds from options conversation because the Spain project is funded by our partner. Once the options expire there will be less dilution for those recently issued shares. Therefore, they not selling the 'great story' yet because it is not aligned with their interests.

David Casey has a massive stake in PRL and is not only hanging around but also increasing his percentage share of the company. Why? We don't have any funds to be milked via salary and no one wants to be at the helm of a sinking ship. So the only explanation is that he believes he will benefit from the shares right? Otherwise why hang around?