Ann: Quarterly Activities and Cashflow Report, page-23

touquoy

Yes the target price has followed the share price down. It was $1.00 in October and the share price doubled to 35 cents in November (with higher silver and anticipation of FID happening). Since then as delays have continued the target price came down to 80 cents in January, 75 cents in April and the 52 cents when they first suggested equity may have to be raised at 20 cents.

IF and it’s a bid if all the expected catalysts do happen by Q3 then surely the share price will improve allowing less dilution and a higher target price in the following 12 months. Hopeful? Probably!

H