Having been a Menzies Gold holder I originally sold out of btv...

Having been a Menzies Gold holder I originally sold out of btv just after they listed and only got back in a few months back on the anticipation of a positive bfs on Deflector. The majority of my holding is in btvoc with just a few btv.
I believe Deflector will be developed at some stage but the uncertainty is when. I have listed the pros & cons as I see them as well as some left field possibilities which I am hoping others, especially long term holders will comment on and add any of their own opinions.
Pros:
Money in bank
Significant holding in thr
Dfs due soon from thr
770k oz eq resource
Plant on care & maintenance
Other interesting future growth prospects, esp iron ore
Cheap share price atm
Low mkt cap now under $20m
Tng as a significant share holder
Takeover/merger target (if not from tng then maybe someone like mon who are looking for quick growth and are prepared to offer very fair deals to get good advanced prospects)

Cons:
Deferment of bfs has hammered the share price & created market uncertainty
Cash in bank may end up being used for further drilling instead of more direct advancement of deflector
Time delay & higher capital costs on deflector start-up
Options may now lapse instead of bringing in handy money by next June
Share consolidation followed by capital raising may dilute share holding greatly with the share price currently so low
Takeover target from an oportunistic predator

I am hoping management can answer most questions at the agm but in the meantime just looking for feedback from fellow holders

Cheers redfrog