My thoughts are:
Once the next quarterly comes out where AGO will be close to having 0 debt the SP will rocket once more breaking through 6-7c mark. The market will have no choice but to value AGO fairly based off its reduced debt (near 0) and solid cash generation.
If you compare AGO to other miners (apart from the big 4) it's outputting a healthy consistent tonnage and certainly holds its own on the global stage with the potential to expand as excess cash brings opportunities eg JV, eg Rail eg share buybacks
By June i believe the SP will be over 7c.
By the end of the year clearly over 10 into the teens. Watch out for Lithium exploration. This will add to upside.
I'm conservative in my forecasts BTW.
AGO will have great cash generation and 0 debt very soon. It will be practically printing money and in my eyes one of the best marginal producers in Australia leading into this commodity bull market.
