Agree they'll be prudent & launch a CR pre-drill; however I feel that will be in early/mid January once they've commenced the road construction / drill mobilization (both scheduled for 1-Jan 2019 as per the last slide of today's ann).
In which case, at that point in time the mkt cap should be around the 40-60m mark which puts the SP at somewhere in the range of 10-14c.
Launching a CR at that point would be beneficial to all...
RMP Price at posting:
5.0¢ Sentiment: Buy Disclosure: Held