totally agree whit you and i will add this
if you do wait a little longer doing more whit less ,
you will
1-give the market the time it need to correct
2-give yourself a chance to improve even more the share price due to neighbors action i think 6-7 months from here kodiak will have push sage price higher by their results only and if all the sampling is done all the data will be usefull .
the money will be wisely spent and don t fool yourself another pp will be needed if not 2.
this sp is not going to rise to the level we all expect whitout a global market recuperation so i think this is a wise move , a very good decision.
i applaud logic here
dmaster