flint1,
the share price is so depressed at the moment, it is bound to go up from here.
the question is how far north will it go.
it all depends on whether CCI has the capacity to progress beyond the Ruighoek mine. Assuming this mine gets developed (95% chance imo) the share price could very easily trade in the range of 10-15c in 12 months.
If CCI has no other projects, the SP will no doubt stall after that.
its as simple as that.
In tomorrows quarterly, we should find out if CCI will progress with the 3 other mines they have flagged as the 3 month option to decide lapses tomorrow.
Potentially, this decision could be make or break CCI.
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