Judging by the reaction to all the upgrades recently I think it will take the expected JORC announcement to define the eventual direction of the SP. There appears to be a bit of caution capers notwithstanding if that's what's happenning.
If the number comes in at the $2m or so then I would expect a moderate (in context) uptick in the SP. It will depend on the way the ann is worded which may see a slightly better rise.
Above $2m will see a better than average reaction.
The JORC is the key now I feel.
Cheers
BW
more results soon: how soon is soon, page-47
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