I think we need to be realistic here. Given the main project is a narrow vein high grade deposit I would think $50-60m market cap is probably all it would get to in the next six months, this means a share price of up to 12-13 cents. I like the project and actually topped up my holding again today but talk of 20 cents or 50 cents does not seem achievable to me. Maybe if they drilled into a porphyry copper as shown in the conceptual model on their website then a much higher market cap is possible, for example a 200m market cap would be about 40 cents.
As normal I hope I am wrong however I would be very happy to see it at 12 cents, that would be more than enough for me
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