I did not say the price is on the day trading re-commences. With perception of a $4 floor why would anyone be selling for less. So a reach to $5.50 isn't such a reach. As I said, med/long term will be more interesting especially as it will be boring construction punctuated by random moments of worry about finishing. Ever growing piles of NCu and drilling results will be needed to keep the excitement. Its a long haul.
Expect those short will be working this over pretty good on re-commencement.
CDU Price at posting:
$3.09 Sentiment: Hold Disclosure: Held