The part that I am finding hard is that I don't know what management is looking for with the 2022 program. What new information could out to state something along the lines...okay we have enough information to sell at what we consider fair value.  

That doesn't seem possible to me with just this year's program.  Some other steps are needed.

I'm referring to Elmer's comments 

  As to achieving fair value, that is the subject of the 2022 program based on project enhancements set out in news releases. Based on the recommendations of the consultants, positive results could increase value, the exact amount would not be known until the studies have been completed and evaluated.