Lake Roe Au RC drilling underway-CAV

The telling factors that'll help influence CAV's SP run up from here could well be -

Top 20 hold 60 %  Carnavale Resources Limited ( CAV )
Low number of shares on issue 458,000,000
Low MC with plenty of cash at hand -  $1.25 million
Lake Roe drilling underway - http://www.*.com.au/companies/news/...ed-holes-at-lake-roe-gold-project-168232.html
Results from the Lake Roe RC drill program
3 cent options set to expire ?
2 cent Cicero Advisory bonus capital raise options coming into the money
New resource acquisition by CAV
Company AGM at the end of this month

Plenty of good opportunity's for significant SP re-rate from these low levels I'm thinking.