I like this story. The issue is that a run to 5cents is a return of 500% to the placement holders, non of whom will wait anyting like that long. You will see a run in price on the back of the announcement followed by huge selling as people bail out of their placement stock. I think a level of 2-2.5cents as a peak will pull it up.
Heard the annoncement was tomorrow by the way, but it didn't trade like anything is pending today.
