I like that idea
That could be a good way to get drill holes going and allow less dilution.
It would really seem to be more beneficial to the drill company than just getting a set rate per meter. They could enjoy the rewards of our stock rising as they are drilling. It would also encourage them to be more productive as they have a stake in getting results out on schedule.
A drill company should be able to see that our share price is so beaten down that any positive news about a drill plan would cause our share price to rise. This would insure they get a return on their shares.