I think that's a reasonable base case based on what we currently have. In 6 months time there should be a few more things that will hopefully turn the attention of the market:
1. maiden MRE's for South and North Hub
2. revised mine plan and inclusion of Nugent load
3. whatever might come out of the Kavanagh extension drilling
4. some detail on the mine life extension in relation to the 10-20mpta exploration targets
5. we will be very close to first copper sales and
with the capital works completed very de-risked
6. Copper price. this is a wildcard but there is some optimism it will be a fair bit higher than now.
I'm sure there are a few others, but taken in aggregate and released progressively these announcements will hopefully shore up sentiment and rouse the market animal spirits.
Would be fantastic to trade on a P/E of 8 in the next 18-24 months.
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