What's Next, page-39

As per the recent announcement:

Ram Resources Limited (ASX: RMR) (Ram) advises that the maiden drilling program at its Fraser Range South Project in WA is completed with assay results awaited and down hole EM scheduled to look for offhole conductors. The 1,500 metre RC drill program did not intercept any massive sulphides, however the drilling has confirmed the geological setting as an Igneous Complex within the Fraser Range Zone. **bric rocks were intersected and disseminated sulphides were present, with some sulphides intersected at very shallow depths (8-12 metres below surface). Down Hole electromagnetics (DHEM) will now be undertaken to confirm if the conductors have been fully tested and to look for and identify further conductors within the Igneous complex. The project area remains only partially explored with prospective lithologies and geochemical anomalies remaining untested by ground electromagentics or drilling. The Igneous Complex may be fertile with the identification of sulphides. We now need to target exploration to define embayments and locations for the accumulation of massive sulphides. The laboratory assay results and DHEM will assist in the interpretation and refinement for targeting future exploration.

The parts I have put in bold and underlined should answer your question about what happens now.
Cmon folks, read the announcements rather than spreading doubt.

However until further analysis I agree with you that the price will not move very far/if at all.