Although its impossible to know with certainty, i think SP would...

Although its impossible to know with certainty, i think SP would likely have held and closed around .046-.047 without the quarterly news dropping today. No bad news at all in the quarterly except that it dampened speculation that news of an acquisition was about to drop. Important to appreciate that when that news drops, which its very likely to in the short-medium term, it will set the stage for a substantial rerate.(double current SP imo). Add to that an announcement that drilling has commenced and .10 cents plus is on the cards. Add to that positive results from the drilling and i think .20's plus could occur .There will be no warnings or invitations which why its important to hold and be patient. Just know that the catalysts are there for a 200% rise, and on certain days in the coming month or 2 big rerates are likely to occur.