"$3 to $4 will do me fine"
Well AVM's has agreed overnight to friendly takeover C$8 from Minmetals who don't like to pay a premium. Using this price for peer basis valuation for MWE's initial production target would make your $4 target still at a 50% discount to Minmental's offer.
MWE
mawson west ltd
very positive feasibility study +128% irr, page-8
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