Perhaps another reason could also be to do with the "Appointment of New Chairman and Director" Announcement on the 05/11/2014 relating to the Performance Rights. The market Cap has been above 80 million (21c) since 19/12/2014, so not much longer and the 3 Directors will have there Class "A" Performance Rights granted, a total of 4.5 million options (abeit once 12 months of service has occurred).
The other possible reason for the price rise could be anticipation of the Scoping Study on the Dougou Deposit, which is due in Q1 2015.
Thoughts?
Perhaps another reason could also be to do with the "Appointment...
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