Speculation hmmmm. There is speculation and then there is spec-ulation. Ha.
Gpr are "simply" rebasing the existing developing project from figures used at the height of the mining boom. Opex will come down. Capex will come down. Pog has gone up. Enlarged pits will eventuate due to it being economic to mine reducing strip ratio and the C1 costs are likely to be lower than kula's estimates. It seems a shoe in for gpr to get there 80% ownership through this rebasing alone without drilling. Dont know about shareprice targets just yet. Im looking forward to sophisticated investors next update.
GPR Price at posting:
4.3¢ Sentiment: Buy Disclosure: Held
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