Based on historic levels, when they confirm the drill is happening and soon it should go to low to mid 2c; When they do the drill it should go to 3c; if there are positive data following the drill it could go to 4c and 5c and then depending on the quality of the data and likelihood of success then beyond that is a possibility.
The timetable of drilling will be the next price driver IMO. If it is closer to June price rise may be not far away- much longer and we may pull back for a while...
IMO on past evidence.
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