"....A drilling program has commenced within the mines, and subject to the results confirming
the advice of geological consultants that near mine expansion should yield a 4mt mining
target grading from 10g/t Au to 12g/t Au (refer ASX announcement 25 October 2010), a
development decision could be made in mid 2012."....
http://imagesignal.comsec.com.au/asxdata/20110322/pdf/01164097.pdf
...onc ethe confirmation is received that might take the sp to 25c, but I am wondering what would be the share price for the upcoming Canadian placement? Would they happy to pay above 20c mark?
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