Ikey,makes sense to me.
As a long term holder I feel pretty relaxed-takeover at a low price is unlikely,we have lots of cash,and all is set to go mining.In the meantime,lots of prospects to prove up.
It is frustrating to see how low the SP is,but I see no choice except to sit tight and wait.
Bulk test results and revised JORC would be very welcome sooner rather than later.