To be fair though wasn't the SP at around 65-70 cents when they first made that announcement? That would have only needed a 40-50% boost to the share price within a year to be in the money. Now we need to 3x to be in the money. I don't think they have anticipated this slide.
That being said I am not worried about IHL at all, as I believe they will be able to commercialise IHL-42x
