So far the most, me included, expect a bad ann. But what if someone says " Hey LRC guys, your tenement looks so promissing, I grab a little bit deeper into my pockets and buy your company completely, lets say for 5c a share ! "
That would cost just few oz of gold.
$ 40m cap / $ 1000 per oz = 40.000 oz and if at least 800.000 oz can be produced over time, why not ?