But like everyone here I expect the base building this year. What prices? Who knows, and here we've had calls from 3c+ to $1.
I'm expecting a 2025 M/C of around $300m, so that gets us 12c (with todays placement but before any option dilution, so maybe less than 12c, but there abouts).
PS: I was surprised today the options had a low excise price of 2.2c with a 2 year expiry. Could have stretched that, but what do I or anyone here know about the deals made and the reasons why (and I'm not gonna glue my face to the footpath and throw rocks at "the system" - just make a call to invest and get on with life FFS).
GCM Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
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