It will not drop down to these levels again after drilling...

It will not drop down to these levels again after drilling result announcement - drilling is continuing at Redbank will should do so for some time - so you will have drilling results coming out maybe for the next 6 weeks

Then we have Fiji where Redbank will be starting their drilling programe next month - waiting for the road to be completed to enable access for drill rig to site

So with all this action coming up - I dont see any downside to the stock price at all

SP range guess - anywhere from low 20 to low 30,s
would be my expectation -- depends ALL on the drilling results