I'm thinking 7 cents could/should become 12 cents pretty quickly. Then 14 cents...... then 16 cents.
If your not set by 16 cents your a mug because that looks like the all time high on the charts to me.
Dilution aside the mkt cap at 16 cents will be 80 million.. say 90 million with a cap raise thrown in to one of the off take partners maybe, say as a pre gold drill taster..
. (Though this could be larger and maybe large equity stake coming up to pay our share of the capex in a J.V).
We are not too far off back slapping, rocket ships, all the joyful horse play that comes with being a punter.
I see Warburtons, Hartleys guy- owned 25 % of hartleys at one time, busy deal maker, well connected etc etc has become involved at our neighbour GTE. It will be interesting to see how the area consolidates and we might be competing in the gold space to see what eventuates in the potash consolidation space..
Would be cool if SBM would be drilling by start of September.
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