$1 just around the corner for the gold alone - still will be cheap compared to West African peers.
That ignores increases to resources & reserves, higher grade discoveries, price of gold increasing & future acquisitions that the Dr's have alluded to.
Then there's the lithium.
According to the >$200M IPO value target, that's $0.25/share bolted onto everyone's shares, therefore for every 1 million shares you own, you receive a free $250,000 stake in the new lithco.
Then consider the market caps of our lithium peers >$600M, even unfinanced African ones... imagine how fast lithco will move north of that if Goulamina is fully financed and offtaked??
$0.25 becomes $0.75 pretty quick.
$2 (combined) SP target for FFX and new lithco next year isn't pie in the sky anymore.
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[IMG] $1 just around the corner for the gold alone - still will...
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