Demonic,
Yes, I ignored the option of a placement, but you are right. Any placement would be at a lower value than where they are now which is a pain. Today a 14c figure for a placement would be about the mark. By Xmas it may be back at the 10c level.
A placement when the price was in the 30's would have done the trick.
I continue to watch and assess from the sidelines to see if its worth being back in and if so, at what level.