Obviously a JORC compliant resource will be the main rerating catalyst in the very near term, as stated by the company due sometime December 2010, just before we begin production from the company commissioned plant in Jan 2011. Imo the plant and assets have been fairly valued, the upside in this share will be in the JORC, if it meets expectations I'd expect a run up to 40 cents soon due to the potential of the expansion in relation to the market cap. Nice to see it's holding around the mid thirties despite it flying well below the radar of the general investment community.
Get innit Legume, obviously you can wait until the JORC is proved up and we have production all going but you'll end up paying a premium for the shares if you do. No risk no reward.
PVF.
SFZ Price at posting:
34.5¢ Sentiment: LT Buy Disclosure: Held