Yes, but in pinkie land, $20 mil is huge/unheard of.
Thus, to the extent our low share price has anything to do with our pinkie status, then $20 mil will be overwhelming effective at boosting SP. (And capturing the attention of serious investors.)
The resource estimates being thrown around here are difficult for the average Ihuber-type to get their arms around. Ihuber types aren't willing/accustomed to doing real DD. But, what they are capable of is to understand that a third party investing $20mil is proof-positive that the DD is in order.