good strong open - chart anyone?, page-23

Sorry that should read....

UPSIDE

Personally I believe a 1Bt JORC when added to the current assets and cash of the company values CAP at a round $125M in market value or a share price of $1.30. Anything above that target adds about $5M-$10M (5c-10c per share) in market value for every 100Mt over the JORC target at this stage I believe. But given a JORC release will confirm the agreement with BMG for the cash transactions, then the share price should head up towards $1.50+ in the coming 3-4 months provided that the JORC is as estimated.