This
Our valuation of $0.30/sh only assumes cashflow from the tailings and a modest amount for the infrastructure and resource. In the short term, we expect some key mining appointments to be made and a resource update within the next few months. Our Spec Buy and $0.30/sh Price Target are maintained. We also note that our price target includes a value of 8cps (A$60m) of the Goulamina Lithium asset, which is relatively cheap vs peers and we believe is easily defendable.
- Forums
- ASX - By Stock
- FFX
- Ann: First month of gold production and update on activities
Ann: First month of gold production and update on activities, page-59
-
- There are more pages in this discussion • 89 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)