I am always wary of making short term price predictions.
But I will add this.
Have a look at the large number of companies that had share prices of just a few cents and have risen through the roof over a period of time as a result of exploration/development success.
PMA were under 10c at the end of 2004. Hit $2.50 March 2006.
CVN were around 2c in July 2005. Today about 55c.
WMT were around 2c in October last year. Hit 46c in April this year and after a substantial correction are taking off again.
The list goes on and on ...
Then of course there is the monster of them all ... PDN from 1c to over $10.00.
I am very confident with success we will see a much higher RAU share price.
Remember the ridicule I received from certain persons when RAU were just a few cents and I predicted 20 cents?(I dared not predict higher here at that time! lol).
We've made 12.5c of that so far!!
BIG Price at posting:
0.0¢ Sentiment: None Disclosure: Held