My guess on all this is 50c leading into announcing the PEA which I think will be a cracker. I think most people feel that. Brazil cheap cheap. I see 2 or 3 good announcements re drilling results and more land down the corridor likely before PEA drops kicking the share price to that 50c level.
Not sure I see the PEA announcement moving the price much. I think further drilling results and Offtake in say Sept moving the needle to 65c (only small dilulion needed) and then updated resource near year end (~80mt) pushing things to 80c.
Any takeover after that would have to be at circa $1 plus and that would be life changing. Still like to see things through to production. Sure up 150mt+ easy if other sections of the corridor have the goods and then we could be one dollar fiddy by time start producing in 30mths ex now.
Just my dream. Decent chance that'll come true imo only.
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