I think people are waking up to the fact that if Boyd and crew are happy cap raise at 5c ( giving themselves an excellent bargain) then this stock must be worth much much much more.
From what I hear, this management crew is seasoned at identifying & investing in 5 baggers, and I daresay (IMO) wouldn't pump so much into CME if was never going to deliver the goods.
Where there is smoke their is fire.