Share price, page-2

It will all depend on the iron ore price. In the last quarter they ran a profit and expanded their cash holding. From memory they have more than $70m in the bank and a market cap of only $50m. If the iron ore price holds, the shareprice should rise. When the iron ore price rises (and it will at some point), the shareprice will head a long way north. If they can get Buckland up and running, things will be even rosier. If the iron ore price falls, the shareprice will come off a bit more; but it any fall will be mitigated by their cash holdings and a falling AUD. 10 cents? I doubt it very very much. 20c? maybe. More likely to bounce around 24-27c while we work out what's happening at a macro level. A return to 30c in the short/medium wouldn't be surprise me. Longer term, back to the $2-$4 range.