The valuation of the company will rise organically as the development progresses and each milestone being the next leg up. Only professional can move the valuation of the company, so as long as they deliver the following, your earlier SP target range if not unrealistic.
- Increased Ore reserve
- Increased production target for the first 5 years
- Improved Results from Mets - Higher recoveries, increased gravity recovery %
- Demonstration of regional target potential
- Increased Overall resource
- Environmental studies and application completed
- Commencement of preliminary permit applications
Based on the below programme, it is exactly what they are doing and Matt has stated in interviews that next year will be focused on the PFS
Extract from OUR NEW CORNERSTONE INVESTORS
Ann: Placement to accelerate drilling at Katanning, page-18
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