Hi there zz,
I am not really worried about 5-6 months price, however if I had to take a view I would suggest 1.2-1.5 would be reasonable. For me this is a 3-5 yr stock and I won't consider selling until over 10cents.
Hope this helps, we gave a great management team onboard with a tremendous resource close to the coast. Our timing should be ok in the iron ore context....
All good from my pov
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