I completely agree
Those Federation drill results are simply outstanding and we appear to be in our way to a high grade 10mt resource
I hope they target 1mtpa, which should drop opex to $150 per tonne, which should give a margin of close to $450 per tonne at spot
$400m EBITDA per annum
Just give that a lowball 3x multiple and it is worth $1bn
Let the lobotomies sell and keep accumulating
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