After the last two days of trading I went back and browsed the last three years of Anns. I think if you go back and look at these announcements you get a little bit more peace of mind that a deal will be made but ultimately it will come down to when the drilling gets started we will expect to see any huge gains of 10-20x
As always this is a extremely risky company to hold a position in. I'm not sure how long it will take to drill if and when a deal is made, maybe someone with more experience can shine light on that. Say best case a deal is made in the next month, when will a drill get out there?
50M Traded, page-60
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