BERMUDA, Oil prices have nothing to do with anything. The ammount of money coming into the NZO coffers has nothing to do with anything either. Be realistic the only thing that matters is how high the share price goes, or what dividends come your way. NZO might spend the lot on a few dry holes in the ground with nothing coming your way other than the frustration of missed opportunity elsewhere. NZO wont tell you anything at all about future intentions using your money to swill at the trough and laugh at your frustration.
The share price cant get any higher than the option conversion rate for starters in the short term, thats if everything goes to plan. The simple fact is if the options get converted all that means is more fingers in the pie with less to go around. They are in a very expensive business, the profits wont last to long without further drilling success. Macdunk