Running discussion on SP, page-71177

Why don't you think $1 would be seen again? Can you elaborate on your thought process?

The 10mtpa is rumoured to be in the upcoming BFS and even if you were to scale that down to 51% ownership $11.50 becomes $8.80. Note this is at a 25x PE, industry average is 50x-80x.

Even at the 4.5 Mpta we would easily see this over a dollar. Considering the exploration potential (at Manono alone) once revenue starts coming in.

Also to note is the Battery Hub that is being discussed in central Africa that will decimate travel costs.

There are absolutely risks, but most potential 10 baggers (100 for us who have been here for a few years plus) require risk.