Agree with all your points, but beggars can't be choosers....

Agree with all your points, but beggars can't be choosers. Considering going bust was on the cards, I'll take this every day of the week.

don't hold your breath for 80c, odds are against you I'm afraid, even on a discovery. That's an 8 bagger, doesn't happen often. Look at Xanadu as an analogy. Hell if we get a 2-3 bagger I'll be dancing in the streets within 12 months.

to reach 2-4$ that would take years after a major discovery. Flow tests, possible fraccing, miltiple drills, DFS kinda stuff then a TO.