In my opinion, the latest share price increase was based on the results of the latest Quarterly Report.
It provided the market with quite a lot of excellent information - without actually releasing specific information in its own announcement!
As I stated in my interpretation of the report, having achieved a 90% reduction in waste water while confirming production of pure water AND two products is fantastic. (Bahay has also stated in a video interview that the Company achieved a 75% reduction in a Nickel company waste water stream).
If new posters go back to my and @MrMozambique precis of the Quarterly you can hopefully see why the market picked up on the good points and hence the share price increase.
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