The company has a number of different programs all being progressed.
It should not be hard for them to get some decent results and the market will then wake up to the fact that they already have significant resources and reserves and very prospective ground.
The other key point to remember is that the grades are pretty good compared with some other projects - this is not 1 gram/tonne dirt here.
Boosting resources over 3m oz and reserves over 1m oz should not be difficult.
If they couple that with some smart thinking on the plant design and layout and can cut the capex, then this stock should enjoy a great year ahead.
The Ibaera guys have experience and a big incentive to get things cracking.
Watch this space!
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