My 2 bob on your mates entry at .42.............
It sounds like they may have jumped in on the back of a frenzy and not through rational thinking. A big mistake made by many.
.42 was a GAP up at open and to those savvy enough will have realised that in most cases the GAP will be closed over coming days or even weeks. Also with a rapid price rise there will in most cases be a retracement shortly afterward.
Its time to sit back, let the dust settle and then add to the position if/when the price starts to climb again.
Your order at .345 might well be a valid one.
There is no snake oil potion in the announcement, it is about as accurate as any can expect at this stage of their exploration.
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