After giving a little more thought to this, my conclusion is...

After giving a little more thought to this, my conclusion is that they are practicing prudence.
Hope for the best and plan for the worst.
To me, the best outcome is Hospital Hill.
If a shallow deposit is found there, we will have most of what we are looking for imo.
It will be game on.
If the results of this large drill campaign don't quite get there? then it will back to skin and bones while they embark on further exploration and more $ and may struggle to attract further enthusiasm.
Money now would mean that they have plenty to keep on keeping on even when investors are doubtful.
If this is the case, it has no bearing on the chances of finding something at HH or any of the southern part of the fault. Look at some others that raised before spectacular results were announced within weeks of the raising.
Not trying to get hopes high so make sure you are looking at the risks.
aimho and I have been wrong plenty of times.
wack.