Benchmarking PGS, page-8

Not at all, if the next round of drilling is a success holders will be rewarded exponentially
the last round was purely exploration
org will gain 2% more from the drilling ahead I believe they have good reason for iit
further ahead we could very well be a target

its already very generous to be free carried don't you think, means no dilution credit raising for exploration how many speccys you know of in this position