ggirl,
Stock price predictions can be a bit problematic.
BUT
Yes, if any ONE of our projects come off, then I see the share price way north of 3 cents ($52 million market cap). Peelwood alone would have to be worthy of a market cap of $50-$60 million. Remember that the Directors plan to get the market cap. up to the $500 million range whilst minimising dilution along the way.
There is of course the potential to go a lot higher, depending on how successful the Company is in achieving its goals (including further acquisitions).
Should we achieve nothing, then we stay where we are. I do however think that probability of no projects coming to fruition is extremely low, but I guess it could happen.
The important thing now is for us to break this 1.7 cent resistance, then the resistance in the low 2 cent range. Once through this area, we'll be away.
All it'll take is one good announcement, (or a bit of manipulation like in the good old days.... LOL).
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