My target price is 30 cents.Whether it will ever get there is...

My target price is 30 cents.

Whether it will ever get there is another matter all together but the risk/return game on this one would suggest a 30 cent sp potential is required to take on the risk that this company run out of money first...

A 30c sp implies a market cap of around $120m (depending on future dilutions) which is approx 50% of the NPV of UCL's eventual 33% share of the Zinc mine.

So I think 30c is feasible, I don't think it will get to full NPV due to high sovereign and company risks involved.

My thoughts only

Zinc