RPG will continue to show quarterly losses until the debt can be repaid.  Revenue bumps due in the next year will increase the velocity of the repayment.  The revenue bumps are completion of phase II and expansion of the binary unit.  Both these should increase the share price.  But it is very doubtful the share price will be high enough to exercise the warrants and get that additional money into the company. 

Within 12 months we should know whether RPG is successful at negotiating a higher tariff with Nicaragua.  That will go a long way towards making RPG profitable and paying down debt.  The debt will be paid off in 18 months.  RPG will probably commit to a JV or off loading some of their non essential assets. 

RPG has been significantly derisked now.  Exploration risk is negligible.  The biggest risk is a break with the Nicaraguan gov't, and I put that as a very small risk. 

I think between now and the end of the year you have an opportunity to pick up shares as cheap as they will get.  At the end of June they had $38.3M in cash.  Revenue reduces the burn rate substantially.  Right now it doesn't look like they will need to go to the market for more cash.  Especially with a JV or sales of some assets.   Any shares you pick up now between say 18 - 20 cents will probably be worth 10x that amount in 2 years. 

The market often gets it wrong.  People were willing to pay $4+/share two years ago when the risk was very high.  Now that the risk is negligible and profit is within sight, RPG is going for 20 cents.