Ann: C4 Iron Ore Deposit - Stage 2 and Production Update, page-68

I agree, we should see some decent movement over the next 2 months on the back this announcement.

First we have the ex date for WGR which is on 6th or 7th of July, as we get closer to this date selling will completely dry up and we'll get a boost of buying from people who want some free shares. I predict this will get us high 30s by then.

Second after the ex date we will retrace a bit back to low 30s / high 20s

Third the next quarterly comes out end of July which should show us banking ~15-20m for the quarter, which will push as back into the 40s. Hopefully this time for good!