Unfortunately, the number of Authorized shares was not reduced significantly.
From 200m to 100m.
I am afraid this points towards dilution.
(O/S : 50/1, A/S: 2/1)
Unless they soon have relevant news to announce (Like the results of the ongoing survey),
new shares will need to be issued to fund the daily operations.
Also the CEO files Forms 4 on a regular basis to feed his family, adding to the float.