RE:One year. I believe it is because there isn't a viable strategy in place by management.
They need to create some excitement around the resource and hold a sales process that will make miner's kicking the tires on the size of the resource either fish or cut bait.
When a company is listing towards bankruptcy with little interest, companies may hold back and try to pick up a resource on the cheap. When there is a competitive bidding/sales process, mining companies may come to the table with a decent offer, or risk losing a good resource.
They should engage a consultant with connections and mining industry knowledge to kick off a sales process, hopefully in tandem with an increase in reserves based on the drill results.