RE: WHEN ?....................$These guys need to get the drills going first, then we can worry about a TO at much higher prices.
From all indications they are planning a very busy year with the drill bit, so maybe production growth will lead to increased cash and reserves and hopefully share price.
I agree 0.21-0.24 is a great entry point for a good junior, but they have to prove they can find the O&G.
CBM could be a big windfall also down the road.
Cheers and GLA and hold you shares until we get drilling results at least