What part of "IF there was no dilution following the R/S." was confusing?
If there were financials and money was coming in, the PPS would take care of itself. If you have a steady income stream and ridiculously low market cap, people will notice. Since we are supposedly in this for the LT because of this ridiculous Royalty Trust, some headway needs to be made in meeting these benchmarks.
Would rather a company spend 10 million dollars buying back shares when it has very little money, or would you rather it fund new JVs?