Well ask yourself this. What is required to get to $2? Basically it would have to be MC of $2.34b, right? Based on no further dilution and let's say PE multiple of 10. Fairly standard for a solid growth company. So that would be earnings of $234. Think about it. If Mt Remarkable turns up solid gold than it alone will do $234m. Then we the vanadium and titanium and fluorite. I think $2 is conservative as a long term price target. I'm sure you know what NST has done in the last 3 years.
Aussie's largest Vanadium - in - magnetite Deposit. KRCOA KRC gold too, page-313
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