ripe for takeover - 4m ounces of gold, page-25

Looks like you could be right Hotfire. No doubt there will be zig-zags on the way but there seems to be little to stop it at the moment.
This re-rating is taking place without any further announcements. Imagine if there were a really positive announcement, which is not unlikely.
It may even get to 55c by week's end. Apart from short-term profit taking it doesn't seem sensible to sell at this point (and hasn't been for some weeks).