Although the target price formulae can possibly be a lot simpler still.
IMO, the target price (even in the relatively short term - within 6 months for all the approvals, votes and formalities) could well be whatever is the optimal price / tonne that will be paid for the majority (or 100%) of the assets of mlabam-nabeba by the winner (recipient of the offtake) who incidentally (simple logic dictates that the People's Republic of China or European commerical consortium isn't tripping over themselves to build the infrastrucuture and haul the ore for the other mob) will be also the exclusively awarded EPC camp.
SDL Price at posting:
9.5¢ Sentiment: Buy Disclosure: Held
