Depends on the updated project costs and ore quality for initial...

Depends on the updated project costs and ore quality for initial open pit.
If they can lower the costs and increase the grade and ROI, this should go up quite nicely I should think.
IMHO up to 7.5-8 cents then 10-12 with some contracts then much higher after BFS/DFS.
Lots of other variables though such as V price, partner and funding options.
What gives me a level or reassurance was their last cap raise at 4.8 cents with no discount on price, as well as high % management ownership.
This could potentially be a $1 stock in 2-3 years from now if all goes to plan IMHO. DYOR