Suzy always smuggling high purity coc... I mean, information.
so short term $3 sp value for ore (same as German valuation), plus $1 for, say 15-20% of NPV of HPMSM Project based on 50 ktna.
if the PFS confirms 100ktna target instead of 50ktna, this extra $1, turns into extra $2.
and This is only 12 month target, conservative obviously as it is done by cautious pro, not a buccaneer like me.
still firmly believe we are following the steps of VUL, due to same NPV, SOI and market area. I maintain $6-8, 12 months target, with a T/O offer along that range that will be very hard to reject. Just my opinion. Dyor.
E25 Price at posting:
$1.93 Sentiment: Buy Disclosure: Held
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