Yes, this and your previous post about financing 10% of cap ex through equity hit the point, I think.
This is a small, fast growing company building value on a well articulated time table, with stated means and goals. They've executed the means and met the goals. The share price will take care of itself in the longer run.
I do not believe that the share price has too much to do with commodity prices just because there is some correlation. Much more likely because it is direct, and to a much greater degree, imo, share dumping has hurt the pps. Mostly, this is because Solomon committed to a very aggressive expansion plan not knowing the pps would be so low.
Most relevantly, no matter how you slice it, the effect of share issuance going forward will be less, probably dramatically less than in the past. The bond offering may eliminate it entirely.
It is possible that since the tour, we are seeing remaining financing shares being absorbed while the pps is steady or up.
btw, Solomon's courtesy and long hours were in full evidence the whole trip. It was a Sunday morning after he fielded questions from all that he walked a few back to the hotel, a couple blocks from the office.