RE:Re re next financingDebt is almost by definition cheaper because investors want higher returns on a more risky equity investment than they would get for simply lending out their money. Many companies are perceived as too risky by providers of debt financing, though, which is why companies have to finance by issuing shares instead. That dillution is rarely good for existing shareholders, though, unless the fresh capital enables some massive increment in business advancement.
$1.39 is a totally arbitrary number. I don't expect us to get to that sort of level unless there are some major shifts. Will there be shifts? Possibly yes - the POG seems to be inching higher, and MKO has good potential to show some progress and success. That's the speculation. There are also risks. The project could encounter setbacks, and the stock could be dilluted through inneffective financing and capital utilisation.