I don't think that is too optimistic at all @ByCon In fact I believe we could well rise significantly on contract agreements, mine licence approval, and first production announcements. I would be surprised if the SP was below 20c by October.
If gold and forex go in our favour 25c, for me is more likely. A few FX analysis are predicting USD to AUD back to1.55 range by end year. If gold crack $1800 USD that is 27000oz x $200 onto our bottom line or 5m$.
3 or 4 months isn't a long time in the gold junior sector.
Message to self....., page-85
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