Someone owning a large amount of stock could buy enough of the private placement to allow drilling to begin. The effect of announcement of drilling start on the value of the total quantity of LBSR stock held by that person(s) should more than compensate for the purchase of stock above market at the PP price. The 1/2 warrant helps too.

Somewhere (maybe on another board) I wrote that the offering is structured as if LBSR was a sled stuck on ice, needing a brisk push to get it moving, and then it will accelerate more easily, astonishingly easily if the drills begin to find encouraging minerals.