I'd disagree on SP after the placement.
I think this could be a launch pad for the stock.
They have cash,
Should be in the top 200 Index on next re weighting
Ex-Great results,
and if they keep hitting targets then one could argue that the stock could test new highs.
remember at $3 they didn't have this much infill data, and new target zones mapped out and ready to go(Tethys C5, C3, super nova to the west)