Foster Stockbroking have increased their target to $1.04 from 82c based on some very conservative assumptions.
They are working on prices under $US800/t and based on only getting to 5Mt by FY2023. I expect by then we will be seeing 10-15Mt and downstream processing.
http://www.pilbaraminerals.com.au/s...firmlyonthehorizon?IncludeUnapproved=50941662
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$2.17 |
Change
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