Entirely your call based on your research @FiveCentTiming is...

Entirely your call based on your research @FiveCent
Timing is difficult with any speculative stock
In my humble opinion the main reason not to buy at the moment is not a near term capital raise but more fear of market downturn with Coronavirus fears - no-one knows how long that will last for.

The main reason to buy at the moment would be to secure a position prior to any results from this drilling campaign

You just don't know when a CR will come and what the price will be at that time - could be before or after a good result so price could be higher, lower or the same
Can always scale in

Your own risk profile and patience level determines what you pay, when you pay it and what size position allows you to sleep at night and how long you intend the opportunity to realise its potential

Good luck with whatever you - and only you, decide to do

Cheers
IO