Boom in a Room Interview DR, page-40

It's been suggested many time on here that CMM is probably the gold mine that is closest in size in most respects to CAI.
Here's a quick comparison :

CMM
• 1.2 million ounce reserve and 2.1 million ounce resource
• Expected LOM production run rate of 110,000 – 125,000 ounces per annum
• Targeting lowest quartile AISC’s
• 10+ year project life on current reserves with excellent potential for mine life extensions

CAI
0.547 million ounce reserve and 1.714 million ounce resource
Stage 1 - DFS production of 90,000oz pa – 105,000oz pa at LOM AISC $1,290/oz - initial 8-year mine life
Stage 2 - Increased production to 130,000 oz pa through Blue Spec integration

It appears to me that annual gold production will be near identical, CAI currently has 8 year LOM, but this could easily rise to 10+ years (same as CMM) based on additional deposits being mined.

CMM currently has an MC of ~$1 billion following first gold pour in July, CAI currently has an MC of ~$250m.
If CAI meets expected targets, I see no reason why its MC should be much different to CMM.
This would suggest an SP of $2.46, at 5 months after its first gold pour (so around Nov 2022 ?)

All IMHO, DYOR