Hesitation and doubt is certainly understandable given their history. Their only big problem was being useless with the drill (not that it was a small problem by any measure). Hopefully after biting off more than they could chew with the tricky drilling they can make things work with something similar, and perhaps have some share of success with Turner Bayou once someone who knows how to drill is doing it.
You're right, if they can place the shortfall it will be a meaningful show of confidence and much needed funds. I'd quite like to see Justin take a large pile of it, but won't hold my breath. If he did take a large amount it would become a definite buy in my eyes.
PYM Price at posting:
2.1¢ Sentiment: Hold Disclosure: Held