$1.00+ Target: ASX's latest GOLD producer & Lithium Giant, page-7

  1. 4,578 Posts.
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    I think come the end of 2021 when we're mining the main pit shoulders around 150k oz pa, I'd conservatively value the gold operation at $500m.

    The Lithium, I think the likes of LTR, AVZ are over valued, something like CXO I believe is close to fair value at $170m. We'd have to be worth a fair bit more than that - say $300m

    So $800m mkt cap or around $1 per share.

    Of course any major gold discovery or any genuine interest in Goolamina would push the price way past that.
 
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