I'm with you! I've got a $15 price target within 5 years.
I'll go a step further and get laughed at for my reasoning.....
We will have minimum 3 mines producing, I have zero doubt. I also believe mining services may be a separate entity.
Throw in higher demand for our metals / higher prices, we will be generating $400m per year.
Use whatever multiple you want, but it could easily be $3-$4 billion market cap.
With much higher potential upside.
Positive vibes to you Rothy!
Yes I am over committed, but anyway!!! Lol.
My average is $2.381 to be precise, I know I'm circa 10% down but I see a lot of potential upside. I don't do margin lending, so it can go as low as it wants, I'm here for the next 5 years, see where we are at. But if it hits $15, the beers are on me!
Yes I am in mining, yes I do know it is cyclical and very difficult to get a mine running. Yes, I do know management is EVERYTHING.
DYOR, not financial advice etc etc blah blah blah
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$2.12 |
Change
0.020(0.95%) |
Mkt cap ! $547.0M |
Open | High | Low | Value | Volume |
$2.10 | $2.16 | $2.05 | $928.8K | 438.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 5476 | $2.10 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.12 | 1332 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 4485 | 2.060 |
1 | 970 | 2.050 |
3 | 14730 | 2.020 |
1 | 500 | 2.000 |
4 | 21277 | 1.990 |
Price($) | Vol. | No. |
---|---|---|
2.150 | 605 | 1 |
2.160 | 8378 | 1 |
2.170 | 10509 | 2 |
2.190 | 11500 | 1 |
2.200 | 16998 | 3 |
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