RE: RE: RE: RE: RE: RE: RE: RE: Very nice news tod There's a three year drill plan so I'd assume production comes after that. Assuming a PEA is done during the three years then I don't see much of a delay. RIO likes to work quick if you look through the history of bringing their mine to production.
Because the share structure is so small, 75 cents is very possible. Remember that's only around $15-$20M market cap. There's companies out there valued at those levels without the backing of a company like RIO or news or properties like what SBL has. But they'd have to hit something when they drill to get it that high. Speculation will take it only so far though it could hit the 20's as news of drilling goes live and the drill results near. I'm interested in why you specifically are asking about 75 cents. That's nearly 10 times the current price. That's a very demanding return.