Considering the outstanding the float must be very low
And considering no reverse split, authorized increase, the likelihood of debentures are slim to null if not impossible, remembering they have a very long term goal, years, not months, something is brewing. When shareholders see this is another question completely.
At this point everything I can ascertain explains a very nice sustained run up, beginning Q1-2 2016 if not Q3-4 2015 depending on the political environment, as well as the outcome of TISA, and it's influences on global market commodities trading. There are a few that are really banking on a couple specific outcomes.
Disclaimer: Everything I post is opinion and is not to be taken as investment advice. You make your own decisions based on your own judgement. Do your own DD = 'Due Diligence' = Your trade, Your responsibility.