Depending on who they appoint next (look for alignment to...

Depending on who they appoint next (look for alignment to current projects) might give hint to which, if any, of the current projects they plan to pursue. Enough in the kitty for one last drill campaign. Ideally results turn out to be positive (absolutely not investment advice, noting history of this company to drill dusters), they raise at higher SP, drill some more...

Second scenario is this thing stays on life support as a shell, major holders finally look to vend something into it, raise at basement SP.

Ideal option for holders is that any future raise is only open to current holders, at least in my experience. This is pretty rare, so usually us mugs have to average down on market.

But again, raise etc aside, for any significant rise in SP we need something material driving it.