Another PP is not a bad thing per se as far as it would be needed for developing the infrastructure of the company.

You have to be kidding.   The last PP cost us $100 million in market cap.   The share price immediately fell to less than half, and the dilution added another almost 40 million shares.   To do it again, at the present share price is unthinkable.   Should they need to raise say another $10 million, the number of new dilutive shares might be up to 100 million more, depending on the details.   We were shocked last time they went to the market, and don't need another.   What's next?   A 10-1 roll back, reverse split?