I think that we are just moving into the real action with this one. If they can't tie up a deal and the economy tanks again it could go back substantially (unlikely in my view). If they get a partner for the Guelb el Aouj project $2-3 dollars is reasonable. If it goes to a bidding war for the whole lot between Minmetals and some other big players then you could double that again. Whichever way I expect it to be a very interesting couple of months.
SPH Price at posting:
$1.27 Sentiment: Buy Disclosure: Held