Ann: Market Update, page-28

If everything goes to plan I can see this at a minimum 20c some time next year. That is with reaching sustained production, good results from lavra early next year and completing the purchase of Edificas half of premier.
Any negativity associated with this capital raising is unwarranted. Cleveland can get this processing plant completed and start sustained production at 100tph. The sooner this happens , the sooner Cleveland make money and can expand further i.e. A second mine at Lavra and a second processing plant, more drilling, more discoveries , more mines etc. This raise is a much better idea than juggling dollars for the next 6 months with very poor production levels
The future is very promising with 100% ownership and a 40,000 ounces a year production.
Anyone selling anywhere near 3-5c needs their head read.