a static valuation comparison

Hi folks - what I am about to do is a very simple comparison
In April bell potter had a price target of 17c using the 32 m t at 1.23 % copper
Using the same metrics and excluding the very significant results of the last intersections using the same comparison and using the latest resource of 52m at 1.27% copper then we would multiply the price target by the increase in cooper resource, we would get a Price target of 27 cents . As mentioned doesn't include recent results which ofcourse would increase resource size and target price further

Therefore in simple terms , it's clear to see the degree to which underlying value has grown and continues to grow. This is why today's 11.5 c price is arguably equivalent to a price of 7 c, 12 months ago.

Simple analysis I know but sometimes the simple thigs are often the best