It’s easy to see why some investors might cash out after such a significant increase in share price. However, anyone who takes the time to explore the Leonora Gold Project and the Hidden Jewel Project will realize that the share price still has significant potential over the next 12 months..
*Note*: The funding currently (A$17 million) in place is only for Stage 1 of the project and pending.
*Opinion*: There’s a possibility that another player might step in and outbid Raptor for the funding.
*Prediction*: The share price could climb further, reaching 40-50 cents within the next 60 days. Once Stage 1 is underway and updates on mining activities are provided, fund managers are likely to take positions, pushing the price above $1.00 as the Leonora Gold Project progresses into Stage 2 and Hidden Jewel discussions begin with existing cash reserves. Gold prices will continue to rise as Trump, Musk and the DOGE team continue to drain the swamp and investors look for a safe-haven asset.
That said, it’s wise to wait for a bit of a shakeout and price stabilization before taking any positions.
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Last
27.5¢ |
Change
-0.005(1.79%) |
Mkt cap ! $15.90M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 28.0¢ | 27.0¢ | $1.964K | 7.142K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 29379 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 3384 | 1 |
View Market Depth
| Last trade - 15.55pm 16/07/2025 (20 minute delay) ? |
| CVR (ASX) Chart |