If they can demonstrate their operations are net positive then it’ll presumably be higher than 10c - if they can’t, then this will drop much much further. The next quarterly could be telling or it could be a case of excuses to justify its poor numbers (if they are poor).
The commodity price has remained pretty good - if & when that turns negative, then this could go sub 100mil mcap very quickly, imo.
BCB publishes Australian Research report: pricte target $0.18-0.46, page-58
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