I would put in $180M, if there was a 2% chance, with the appropriate return!
To personalize: would you pay $1 for a 2% chance to win $100?? I would!
And in fact, all current shareholders -- which includes myself, with hundreds of thousands of shares at risk -- are in fact doing just that by continuing to hold.
This would suggest that Sure Capital and/or the JV partner will want a healthy percentage of profis -- which I am sure almost all of us would be willing to give, to get drilling going.
As a reminder -- the Chinese deal would have given up half the company for $45M, and that was when the company had a much higher market cap than it does today. So, the key question for shareholder value is the specific terms of the financing and JV deals. My reading of the 8K seems to indicate those terms are yet to be concluded; for sure, they haven't been disclosed.