More than 7M shares in the queue above that price right now....

More than 7M shares in the queue above that price right now. Today I expect the sp to fluctuate between 12 and 12.5c on low volumes much as it did yesterday. By early next week, on no news, the sp might drift back to 11c.

Following the share issue, the sp might drift back to 10c as bozotzo suggests although it is more likely that the current 12c floor will be replaced by one at 11c.

I still say this one will go to 19c within six months provided nothing ugly happens to the copper price. The company has substantial reserves of oxide ore and with much of the infrastructure already in place, should be able to increase production rapidly once the issue goes through. They already have stockpiled ore in preparaton for the coming wet season and have an ongoing discovery program likely to ensure ore supplies for 10+ years.