It's very normal for companies to put major spending...

It's very normal for companies to put major spending decisions on hold when they are bringing in a new chairman and board members. This would easily explain any drilling plans delays.

It's obvious these guys have revalued the plan moving forward and they are now filling out (further de-risking) the DFS. This is a good thing for both pathways that may arise next year.. transaction or financing.

Banks love it and they'll get better finance terms to build the plant the better the DFS and metrics are.

Any potential buyer will have to pay a premium for the company if they wish to takeover.

Patience is required. Let's remember John's done this before and the board and MD aren't rookies here.

The next 6 months will be an excellent period for news flow.