Why not give back to shareholders now?, page-6

So Foyt
So based on your comments where do you see the share price in say the next 6 months or 12 months time if all is successful with upcoming stock piling? Why would a company spend $70 million on a cut back and only have a share market cap of $52 million at this time? Is the company doing enough to add share holder value? Shouldn’t this cut back that is currently in production have already added additional value to the share price, as opposed to waiting on further drill holes or waiting on PHES which had nothing to the $70 million already spent?