Not really, they are outlaying a maximum of say $1.2M (20M @ 6c...

Not really, they are outlaying a maximum of say $1.2M (20M @ 6c for ease of calculation) to potentially double the SP in the S/T, make holders happy and still have $13M+ cash at the end. 20M shares less on register, larger cash backing per share and tighter register

It is the smartest option, hence why we suggested it ! Huge return for cash spent in terms of market cap

This is win/win

Now if a 2nd asset or IPP license comes, as well as a buy back ? Well this thing may just be priced at cash + something

4c should well and truly be the new floor