Hawker04,Great question. I am no expert by a long shot however a...

Hawker04,

Great question. I am no expert by a long shot however a couple of things can happen for it to get to $5 and above:
1) once 2P has been confirmed it is a VERY REAL prospect for LCK to be taken over by another gas or fertiliser company. This price of this take over is anyone’s guess and could happen literally at any time. I would anticipate that LCK would value there resource above $1 GJ that would place us at a minimum of $3.50 and upwards there of $6 per share or could even be reflective of marketing mans comments of $8 per share (that would be dreamland for me). This is the short road and one that all shareholders would greatly appreciate. 
2) the second scenario and most likely is that it could take years until construction, production and commercial contracts are in place. This is probably the most likely scenario...however  if you were to ask me am I willing to wait a couple of years to reflect a sp like this. The answer is an emphatic yes. There are too many investors out there wanting a quick buck (don’t we all??). Patience is key and then you will reap all the rewards.

please do your own research, but good luck to all.