I'd say 75c after the reserve/resource statement and the feasibiity study details into Stage111 underground both of which will be released later this month and the signing of the first Gecamines deal also expected this month could push it over 80c.
And if they release an announcement stating that Stage11 is fully ramped-up and that throughput is being increased beyond the current projected rate of 250k tonnes per annum of full grade ore - then 90c+ is very possible.
IMO there is very little downside at 60c but you could get a 50% increase within a month so I'm surprised that there's so many shares coming onto the market today.
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