Cheapest gold play on ASX

Cash: 4 mill
Market cap: 6.5 mill
Share price: 2.8c
Shares on issue: 260 Mill
Options on issue: 230 million

Drill hit of 4meteres ar 395 GPT gold, a 3000 meter follow up drill program is commencing.

Interestingly the 395 gpt hit was towards the end of a hole and on an angle, should they reproduce this number or hit a similar figure over 10 meters or more a .market cap of 50 million would occur almost instantly in my opinions in, that would be a share price 24c or 10c fully diluted if all options where excersised.
This is an easy 4 bagger in my opinions in, basically trading at cash backing currently.
A drill hit of 395 grams per tonne over 10 meters would be one of the highest grade discoveries in Australian history
The neighbors include NST, TBR, IRC