First news will be the bedding down of the placement.
Today is the last day for that, so we can expect to hear on Tues the results of the placement.
If successful then SP will move in anticipation of what they have in mind for the placement monies.
If that is positive then the 2.5 - 3c in the short term is possible.
So we wait until Tues unless they confirm today, but I doubt that. IMHO