Fair enough. Based on today's trading action, 4 cents looks fairly likely right now, and quite possibly before June.
Depending on what is announced with regard to the early drilling at R63/4, and/or the early drilling at East Greenland (at Ryberg) over the next few months i.e. visible mineralisation (not assays!), we could easily see the SP hitting 7.5 cents around August IMHO.
After this, and if the official assay results from both prospects confirm major potential discoveries, a retest of the 10 cents level in Q4 would not surprise.
Of course if Mark Creasy, GAL or IGO suddenly announce/make a move on CNJ or the MTJV in the meantime, 7.5 cents would probably be reached in a heartbeat.
Having said this, it goes without saying that there are plenty of other major players who are also closely watching what is currently transpiring in the Mt. Thirsty/Norseman region with regard to a major PGE find in WA. i.e. GAL's exciting and brand new Callisto PGE prospect/discovery has put not only GAL on everybody's radar, but also CNJ and GSR and their MTJV Project, accordingly their R63/4 prospect. Of course the presence of Rhodium will only increase the media and major player attention in both these prospects (see my separate thread/post).
With regard to the "lithium deposit as pictured with the yellow dot", I have decided to concentrate my time solely on Mt. Thirsty (R63/4) and East Greenland, which IMHO are the elephants in the room and IMHO have the most potential to move the MC and thus the SP of CNJ in the short term i.e. this year.
Cheers.
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