With a pfs showing profit of $150M per annum, 150M M/Cap wouldn't seem unreasonable in the short term. = 50c per share.
More than happy if they raise $20M @ 50c with 50M debt, paid back in around 6 months.
12 months from now we could expect Gold to be around $4000 per ounce AUD and antimony to hold at 30k AUD or higher.
But at current prices it's $150M profit, could well be higher than that by the time we start mining.
50c party, page-146
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Mkt cap ! $104.1M | |||
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