how good is this (and broker reports

Wow, it seemed like only a fortnight ago i was lamenting the lack of news.

Look at us now - up 40% in a fortnight. Up 100% in a month or so.

Congrats to the ling term holders and particularly to those who topped up as it went down (that would be me).

The buy side still seems strong, i can see a lot more upside in the short, medium and long term.

In terms of target pricing, i did some quick internet search and .64 cents seems to be a coear target.

Remembering that MRP was trading solidly in the .40s and had a instituional buyer buy in at a premium in the 40s not that long ago. I bumped into a broker at a oil and gas conference a year ago and he pointed out MRP to me and suggested that they were red hot and would be a dollar stock by xmas 2013. Whilst one brokers idle viewpoint may not mean much it corroborated my own thoughts (he didnt realise i was already a holder).

This is going into production in the forseeable future. I believe we will see ongoing increases in reserves.

My personal view is that we will be back up to .45 cents by xmas and at least $1 when we go into production.

I only hold six stocks and overall i am doing nicely. in my view though MRP is one of the most exciting.

DYOR is a given and in the guidelines.