There are many examples of companies out there with half the...

There are many examples of companies out there with half the cash, half the potential, and double the market cap - or more. Yes, some good drill results would shake things up and with proper promotion get things cranking - and with the cash on hand they can do that, so it is just a patience game with this one.
As stated, little/no downside, just patience and encouragement for the team to do good work.

As a separate thought, with the cash on hand and future cash flow, they could also be the target of a cash grab, or consolidation with another company??