With the project being significantly de-risked with the government approval PLUS two in country partners the share price should be north of 10c IMO.
Add to that the presence of Mark Creasy and if Argonaut can bring in some massive players in the June cap raise - which I have heard they are with management's recent trips to Hong Kong and London, this could easily reach the price target of 25c that Argonaut have in their research report by the end of the year, if not sooner.
I think that once investors realise that the June cap raise will only go to insto's the share price should go for a nice run!
MYL Price at posting:
5.8¢ Sentiment: Buy Disclosure: Held