Will the SP go sub $1 again?, page-234

That is my thought also. A company that is moving full steam ahead towards first revenues is doing a lot of things right. It has a very good resource, but once it is proven to be able to mine and create revenue, that will create a large derisking event or alternatively an upward price rerating. It will also enable a number of investment funds who cannot invest in this sort of exploration company in the early part of development due to their investment mandates to come onboard. This alone creates a stable source of demand for high quality stock, making the short term trader less relevant.