I think you're right on VB ! I also think logocally that we going down (1,10$ is good guess cause dilution MUST affect SP even if a part of it is already discount.
Right after (a week maybe)... a bullish trend should make the SP going up... to 2$ ? No , I don't think so. With fundamentals, this corporation doesn't worth 350M$ CAP MARKET. Of course, it's my point of view.
I think 2$ will be reach when ODN resources will be known... not before. Of course, ODN known, heap leach done and PDI after... if POG is still near 1400$ or above... I'm sure 3$ will be easy !!!