As a complete guess I think more in the order of 5c until they...

As a complete guess I think more in the order of 5c until they can build the JORC compliant resource base. Until they explore they won't know how much gold is there and how long they can still dig it out of the ground. You won't get too many people assuming that there will be 10/15/20 years worth of gold there until they explore. It won't be until they explore and depending on the results that I think a market cap of $50M-$100M plus (16c - 32c +) can be reached.

But the good news is that once the revenue commences the exploration will start immediately. And if they find gold and considering that the company should be cash flow positive then we should be in a good position regarding the share price. So long as the locals stay on side.