Saltbus, I don't think we need an announcement yet. No significant news has been released since the 17c low (after dissapointing narracoota results were announced) and yet here we are at 43c. This is all a direct result from increasing market awareness due in part to broker coverage and reports like the one published by Veritas. If we can get to 60c before the PFS is out then $1+ is a real chance short term. There is very little stock left for sale and all indicators say longterm money is in this so there won't be much stock coming up for sale anytime soon.
We'll just have to wait n see. The momentum is definitely there. Slow and steady wins the race folks
RHM Price at posting:
43.0¢ Sentiment: Buy Disclosure: Held