No one knows , nothing goes up for ever , I am sure at 12 cents none of us imagined it would go to 80 cents in 15 months but NN kept getting deeper with over 1200 OVM .
My guess is we have gone from being valued on blue sky value of NN by speculators , to being valued by mid cap goldies on some blue sky and reasonably sound metrics on how much cash the project can throw out over the next 10 years ( quasi NPV) .
For value, Keep hitting more Peppers and it will keep going up as the mill has the capacity , do not hit more Peppers the blue sky value falls off and so does the share price and endogenously its solely valued on the next 10 years cashflow (probably not discounted) .
SPR Price at posting:
82.0¢ Sentiment: Hold Disclosure: Held
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