Current spot price around $105-110.
Most expect a $120-130 avg for 2013 and 2014.
I can't see EIO raising until after prelim metallurgy (due next month), which will be the final tick for the big players to come in - probably via a $5-10m injection from UK insto/s, who understand West Africa better than most, and who backed the likes of EQX, who still have an EV twice EIO's without a JORC resource as yet.
It's up to the rest of us to "get-set" before they arrive.
The prize is a take-over offer sometime next year IMO.
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- updated mineral resource june 2013
updated mineral resource june 2013, page-2
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