I am expecting (and hoping) for a gradual re-rating rather than a sharp immediate re-rating.
I'd like to see 15c and slowly move up to 25-30c ($3 post consolidation) towards the end of the year as we keep hitting key milestones.
Heaps of news and price catalysts over the next 6 to 9 months after Andash approval/ Jervois resource upgrade-
- Andash Zones 2 and 3 drilling to get resource to jorc standard to add to Andash NPV
- Aktash acquistion and drilling to get resource to jorc standard to add to Andash NPV
- Jervois pre-fesability study
- Further infill drilling @ Jervois & likely further resource upgrade
- Burnakurna FS
- Burnakurna RC drilling program (in between and around existing resources) & likely further resource upgrade
- Burnakurna commissioning
- Burnakurna first production
- Gabinintha RC drilling program (HeliTEM survey looked very promising) & likely further resource upgrade
- Bekbulaktor drilling program
- Bashkol licence geological and geophysical program to further identify drill targets
- Potential spin off for "Kentor Energy" which will a geothermal project in the Solomon Islands
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