Great news with the Favourable Technical Opinion announced yesterday, which all but guarantees the ML. As some have already mentioned one would expect the ML and BFS to be announced prior to NF heading to EU for the investor tour. Makes sense to have these 2 items completed for that.
So funny…this forum is filled with a bunch of millionaires including myself thanks to AVZ and the game just only got started…game on lads…buckle up!!!!!
Here’s some scribbles on the napkin for kicks:
· Based on AVZ, CXO, CIA & SGM search indicates an industry PE of 16.56x. Proxy.
· Curren&Co 4 March 2022 report – Projected EBITDA A$2,069mil. Proxy.
· 16.56 x $2,069mil = $34,262mil est MCap.
· $34,262mil / 3,529mil shares = $9.71 share price lol.
Napkin numbers lads. Well done LTH.
Bring on the BFS!!!!
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