20Mill. You are ASSUMING that they do have results.
It is not uncommon for analysts to take months to do those tests and we just MIGHT be still waiting in the queue.
But, you are right, "They can't just say nothing", even bad results are "material" to the value of the company and to come out with any results in the QR would be a legal breach of the continuous (not when it suits the company) disclosure rules.
The jury will still be out until we see the QR. If it says that they are still waiting for the results, so be it, that's what happens in the exploration world, BUT, if they declare some results, we have a new ball game.
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