JL, I am not saying it will get there but I would not be the least bit surprised if it did. One of the reasons I got out in the 260s was because of that gap. Bad mistake on my part in hindsight. At 2 bucks it would still have an MC of 300 mill and 50 mill (roughly) in the kitty so an EV of 250 mill. I actually think that is fair value for now.
Whether or not I invest depends on what happens between now and then. there are so many stocks with early explosive potential going at the moment. 1PG has now passed that early explosive stage and may become more of a slow plodder grinding upwards slowly but surely.
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