I personally think that sp will move up to 2.5c - 3c over the next 2-3 weeks. The share placement of $2.5m gives the company some breathing space for atleast another quarter to sort out the problems.
Long term performance of the company still depends heavily on the price of SILVER and the management.
Someone bought 5.5M shares in 1 hit on Friday at 1.9c gives me comfort.