Z, very hard to guess the SP because there are too many scenarios that are unknown.
The what ifs?
Partnership, if so with who.
Buyout?
Noteholder appeal outcome.
Class Action outcome.
Partnership/Buyout, does the permit come with it or do we still wait.
What role if any does the strategic investor play.
Financing.
One good thing I can see from our latest runups is that anyone that wants out has had the chance and this will limit the selling if good news is announced. Slowly flushing out the weaker holders is a good thing. IMO, if someone has been a KRY holder for a long period of time and has sold my bet would be they are still keeping an eye on KRY and will buy at the first sign of good news.