All start-ups are in sticky situations. That's why investors, public and private, can get such good investments when they invest in start-ups. Risk vs. reward.
Start-ups stitch together funding until they "make it", in this case, permits for production, which long-term funding is probably contingent upon.
Rod has millions of shares which he bought himself, before he was CEO. He has a very large personal motivation not to lose the mine.
The financial situation of SIRG is very common for a start-up. Investors know what they own here.
SIRG is on the cusp of production, scare tactics won't work.