RE: 8.71 to buy6 Mar 2018 12:38
I don't think the SO will move significantly until the drilling programme has started. And even then they will announce a time frame on which they expect to see results, so the SO may even I finally drop if this period is more than 30 days, which k suspect it will be.
As for the MC vs Cash balance, the fund g recently won to fund the drilling programme is restricted to funding R&D it's not free cash. To that end the next RNS we may see here could well be a placing!
Cx