SCP has changed its long term price of gold. It recently changed it from $2000 to $2300 in January, but as of a few days ago it has set a new price of $3000, requiring a rerating of all of its miners.
"Emerald Resources: maintain BUY rating, lift Price Target from A$5.40/sh to A$7.60/sh"
"2025 should be a major growth year for Emerald with targeted mine build start at Dingo Range and Memotlifting production to SCPe 350-400kozpa by start of 2027."
https://bpd-space.nyc3.cdn.digitaloceanspaces.com/scp/250429-scp-precious-update.pdf
see page 5.
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