Stock price action is certainly not signalling good news. However, last time the stock was near this level mnid last year, I traded all my warrants for shares at almost 1 for 1 (at about 0.10-0.11/sh and wt).
Now the shares have 2 years to expiry and are selling for 0.015??? IF, perhaps by some miracle at this point, the news is either not yet bad or actually good, those warrants may be worth multiples of 0.015/wt. On positive news for Shpiragu 2, those warrants should be 10-15 baggers easy. On bad news, they are worth doodley, but so are the shares. Serisouly considering flipping them back.