what's the next price 'driver' It would appear there has been some hestition about the stock price and new/additional institutional investing/buy-ins - probably relating to whether the company can in fact ramp up AU production. It appears it can and will be successfull at doing this in the near future.
I suspect the next pricing bench mark/hurdle will be when it becomes obvious that 150,000 oz is or will be achieved - subsequently 175,000 oz - then 200,000 oz.
At each of these production levels the share price will increase AND the probablity of a take-over bid will increase expoentially.
It appears the share price is significantly undervalued at this point - so -its a waiting game until the benchmark production increases occur.
In addition, if significant drilling results are reported over the next 4-6 months, extending ore reserves and mine life by say 3-5 years, it will be another positive factor and takeover incentive.
The recent reporting of good Zn grades is also interesting and adds to the potentila value of the reserves.
Like all junior mining companies ramping up production - its a question of time and when not if a takeover occurs.
Buffet says patience is the key success factor when you are onto something good - and we are!