TV2 Hotcopper Holders Calculations, page-706

The company is still imo priced to fail at current SP and volumes are very low.
I think there are a number of investors on the sidelines waiting for confirmation of pgas commercial contract before getting on board and are willing to pay a little extra for that once it arrives (if it ever does lol)
I reiterate again that the pgas contract is a company maker (as is SOL to a smaller extent and DIVAN potential is bluesky) working with a government operation with such large scope for rapid growth of operations and revenues determines short and long term longevity of the company and should price correct accordingly.
Once announced, we should see a rerate heading towards 3-5 cents imo, I certainly wont be selling any of mine for anything less.