Yes, I think so... But I am not sure about that...
But 16 or 19 or 20 Mio. cash is already a lot of money... IMO
Look at the current MC, the current amount of cash, the share price and the huge potential here in Europe...
Competition is also coming (i.e. Lepidico in Alvarroes and Savannah Resources)
Talking about Savannah...
Their shareholders seemed to like the news about acquiring tenements near DKO as you can see here...
But DKO is far beyond...
Massive undervalued, still under the radar and many news in the pipeline...
Enough reasons for me to top up...