Hi Matt, yes I think you are right, the dynamics are different this time. (Given the deconstructed dessert that we are now serving up - MKR style!)
But, the broker reports are all in the ball park of what a few of us are sating. .20 - Short Term.
Long term, I think that Guilio is not that far away re $3.50 EV when producing. Whether we have a TO, no one knows and it may eventuate as we get down the track. I suspect that any ann re shortlisted infrastructure partners will trigger a domino effect of events. I want to be set for that.
However, I still want to be realistic and go with the state of development that we are in now, 5 years or so from production. Would you be unhappy with .20, given you have bet the price of a property on it?
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