VEC chart, page-307

Sorry yes I'm loosely basing 8c off the previous reports released.
They are worth scrutinising, some of the assumptions are 'over', others are 'under' IMO, but it's a good read to get a bit more of a gauge on what the thing is worth.

There are other factors too, asset value, project risk, potential for resource upgrade (which hasn't been discussed but I think could be massive), peer comparisons - the usual list of DYOR. I do not believe in efficient market hypothesis, so I take these with a grain of salt as valuation cannot take into consideration the market's sentiment on RvR, and if market is shaky, gold is bullish, M&As are ripe, gold deposits declining, and we bust out a monster and become a prominent name not only in DRC (and potentially the only publicly listed DRC gold) then a lot of these can bode very well of course for the 'premium' market might pay to secure a hold for the the mid to long term.

The SP target for me is not a mater of "it will hit X the day it opens", but will be a play it by ear depending on market reaction - do we have a PO3 style run as people clue onto what we have here, put on the radar but a huge catalyst? maybe, or do we just see 1-2 bags only, consolidate and re-rate? No idea, but i am fairly confident the number breaches 8-10, whether it takes 1 week or 20 remains to be seen, and is not really relevant I suppose as each punter to do their own thing, and I expect many will sell the news, or sell the very first shakeout whilst the traders really flesh it out for what its worth.

Just my 2 cents, so don't place too my emphasis in what I think the SP target is, because I'm usually wrong with the price and date estimates lol, so i'll abstain from guessing and just give it a general 8+ on a 'let's wait and see' timeframe.