Righto here we are at 29.5c, lets say 29c
We know that there are rock chip samples due at Mt Andewa end of febuary so if medium intercepts lets add 5-10c.
We know that there is news due re Ok Teds two ip surveys at Leonard and Bulago, if they come back positive against the rock chip samples we can safely add another 5c, and if they decide to drill lets add another 5c.
Tassie although has a real money potential too its not what is driving the price atm imo so they are also doing some drilling and results will be out when their ready and if decent, we can add probaby 2c.
Andewa drilling has been mentioned as a possibility around the end of wet season so lets say late april to start, we can add 15c of possible gamble on a hit and if they hit medium results, then due to its size then this could easily add another 20minimum and future drilling and hits more upwards movement( but wont go there just yet as crystal ball is bit foggy)
So currently and conservatively we are sitting on around 80c valuation.
Meanwhile OK tedi have been drilling and must have some results out soon and if they come back as medium grade then we can add also another 10c for each project minimum and further drilling is extra.
SO that takes us very easily to the $1 mark without even blinking an eyelid and of course its just a prediction but i was being mid tiered so give or take depending on how it plays out.
Good luck 2011 is shaping up.
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