price movement and coming events

Among all of the recent influx in posts, we've groups talking about all the upcoming events for BTR and possible movements.

They way I see it, the imminent events for BTR which will potentially have SP impacts and sensitivity are as follows:-

1. More drilling results from Kitumba, if they follow the trend of the recent infill holes, we could see another spike in the SP.
Approx. timing: Ongoing through remainder of 2013.
SP assessment: Positive drill results could see another spike in the region of AUD$0.20+ (stabilised).

2. Upgrade of Kitumba inferred resource from current evaluation, definitely price sensitive, another chance for SP increase.
Approx. timing: Imminent to reflect 2013 results to date (possibly after current phase of drilling is completed).
SP assessment: Fully dependent on value of upgrade, upon release of last upgrade based on the average 2% results, SP rose to $1.96 (highest point in last 24 months). Drill results with average 5% could provide significant upside.

3. Release of Pre-Feasability Study for Mumbwa/Kitumba. Probably the most anticipated announcement in BTR's history and will likely shape the whole future of the company. Definitely price sensitive, although as Mumbwa is seemingly not factored into the current SP value with Perkoa worth more than the current Market Cap of BTR, there is only the potential for strong upside with a positive PFS.
Approx. timing: Imminent, anticipated for end August 2013.
SP assessment: Negative - potential broker downgrades, but with Mumbwa not factored in current SP, likely zero effect; Positive - the impact on SP could be significant and certainly have the big boys looking more closely.

4. Income/Revenue finally being realised from Perkoa. Initial payment of $5m being received. Will add to the de-risking consciousness of BTR. Could see the true value of Perkoa being represented in BTR's SP.
Approx. Timing: Q4 2013.
SP assessment: Could see factoring in of Perkoa into current SP. Market cap could be stabilized around $80-100m.

5. Announcement of measured minerals from Perkoa to provide an upgraded resource estimate.
Approx. Timing: Q4 2013.
SP assessment: Unknown.

6. Announcement of Bill Cash & Scott Lowe's replacements. A strong character and experienced CEO/MD will be required, possibly someone with experience of finding JV suitors and negotiating terms for such contracts and high value would be a strong positive. Appointment of candidates with a largely BHP or Glencore background could infer a future potential partner.
Approx. Timing: Imminent, required ASAP to transition and handover from Scott Lowe to new CEO/MD. September 2013?
SP assessment: Day-on-day drop on announcement of SL/BC leaving saw 14c drop, could be replicated with similar increase on appointment of strong candidate.

This immediate story line is the reason I'm in BTR and averaged down to give a 22c average, but also why I'm still in and haven't sold. Massive potential for upside and a great de-risking element from Perkoa, along with cash in the bank.

Look forward to seeing others' comments.

Just my thoughts, not advice, DYOR.