Five year chart with projection UP!!, page-69

I think NP will up faster than anyone predicts, the drill results way better than market credits, the offtake terms way better,

Remember the BS SS DFS was a 10 year LOM in 2014 inc open pit low grade.

If under the 2018 DFS, SS was a 3 year LOM, 8ktpa at $288Mpa revenue at aisc us5.30, then what will be the amended 2021 DFS issued by PH at high margin production?

Assuming $10M capex already spent on SS GS DD refurbishment & mine declines, NP at 8.10, higher grades due to DSO with full BS mill restart 6 months after DSO production start & BS open pit restart 9 months after, then AISC drop at start to us3.00 mostly drill & truck crews then rise to 4.05 at full restart, 10ktpa at start going to 20ktpa, LOM 15 years,

Revenues under this plan would start at $233Mpa ebitda $120Mpa going in 12 months to $470Mpa & ebitda $240M without any restart of LJ W & 50% use of BS mill excluding tolling from other ore sources.

At a PER of 10.0 the NPV increases to 43c then 85c ps, but the PER may escalate as the revenue & ebitda escalates & market has to account for higher grade production, or ore from W, tolling 3rd party feed or LJ also..

Wth is it doing sub18c?
DSO production way faster to start up. Just add miners, trucks & offtaker, easy.
Production at high margins is starting in 9-12 months.
Offtake jorc by august, mine plan & DFS by sept,
FID say Oct 2021, start March 2022 imho,
a lot closer than you think.

PH set those timetables & new SP highs targets so like at PAN he will beat them!