I think there is both limited up and downside at current prices. Cash at bank, value of federation and kairos/peak north will support the sp IMO.
problem is we have now been told to expect an AISC of around 2k aud for the rest of the year, so should expect the cash balance to reduce once factoring in exploration and growth projects plus the dividend. Also Hera will be very marginal until they can begin mining at Federation which is a couple of years away.
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