When I topped up with a few more shares about a week ago, my share price expectations was that we would see 10 cents by Christmas. Given the support now at 10 cents, I agree that we will see 20 cents before 7 cents (and I think 7 cents is very unlikely to be seen again).
I'm actually thinking we could see 20 cents (or at least 15 cents) by the end of January, in particular if we get some positive news re BFS funding or if iron ore price continues to rise and even more so if demand and price increases for high grade continues.
The negatives to watch out for are silence on progress of BFS funding or dramatic drop in iron ore price (a fall is ok, provided it does not fall materially below prices used in PFS).
CAP Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held
