geo and possible price target

I find it very interesting that the geo they employed the other day actually helped BHP set up the Gemco project next door.

As per their recent preso a 50mt deposit would have to mean they would be worth at least $1.5 Billion, possibly even $3Billion when you compare the logistic advantages of this project to the existing producers.

So whats that on say 120m shares (existing shares and options)- $12.50 per share?

Of course they will need to raise a significant amount of capital at some point to develop it. But there does look like plenty of upside here to come, despite the solid run up so far.