Am very curious to see what happens here.
Keep in mind the predicted resource upgrade was 50-80 so they are actually at the lower end. I wonder how much value was built into the current share price. I dont think it will be hitting 50c thats for sure.
I for one am happy and hope to hold this stock for decades. Imagine buying BP shares when they were a junior explore and holding on all the way.
680, 000 tonnes at >1.32% (*) 5000 USD per tonne = 4billion USD!!!! So i cant see too much down side
Ann: Major Resource Upgrade Pilgangoora, page-27
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