I think you're being extremely optimistic with those forecasts.
I'm tipping around $1/share after the SML is signed. Once the final investment decision, offtakes, and financing are in place, the short term goal for the share price in my opinion is around $2/share.
I don't think we'll see $3+/share until the mine is actually in production and revenue is coming in. I could be wrong, mind. But to expect $5 by the end of June? That's wishful thinking of the most extreme sort, IMO.
PEK Price at posting:
53.5¢ Sentiment: Buy Disclosure: Held
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