How long is a piece of string. Very difficult to say what the open will be without knowing the full extent of the ann.
My understanding is that there will 3 parts to the announcement (as i have forementioned) - 1)Selene Drilling 2) Resource Upgrade 3)Capital Raising.
On a good resource upgrade with solid grades at Selene and an issue of shares to sophisticated investors i would expect 30c as a minimum at open.
