Big move this afternoon?, page-4

Just a guess from my end , this all based on expected news and grades...drilling completed at seymour.....tonnages average 8 to 10 ml
grade .....1.1 to 1.4.....................SP ..........8 cents...............10% jorced resource........8 cents to 12 cents

Graphite...once drillling completed for 10 % definition of Tenement.....10 ml tonne grades good to very good large flake to say 40% of Jorced area...add 8 cents ...........SP 15 cents +

added to this .......ground assays of ROOT BAY and ROOT LAKE.....POSITIVE RESULTS.....SP 20 cents
Off Take deal........add 5 cents
JV ....with no share dilution.......above 50 cents.
all this is based on good quantum and good grades along with off takes and possible JV.....if a take over happens then by a good seat belt.
Market Sentiment is the KEY if news continues to flow and its all positive then the SP will continue to climb and should peak around the end of February to Mid march....my guess above 40 cents by then

cheers IMO