Good Post IFINO. Who wrote it?
Yes 30c per share MAY be a fair upside target at 'current' 400m shares on issue .. which we all know will expand very soon.
Therefore , discounting for the high chance of a bad (or no) flow the present SP of 6~7c is fairly rating the risk/reward...imo
Upside say 20c if commercial (allowing for new CR) , Downside 2c (on failure to be deemed commercial).
I am expecting the testing next year once funds are available and equipment sourced...
The CR must precede the Testing , as ADX is no longer carried for this (likely CR for XST and VIL) , so look for a bombardment of 'desktop' resource estimates soon lol
DYOR
game back on, page-23
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