If current market cap 1b ($14 sp, 67000000 issued shares) is discounted to reflect the stage of life-cycle ie pre-mre, then $17 values at 1.14b. Assuming npv valuation of 3-4 b based on base case tonnage and grade etc, $17 seems reasonable, perhaps on low side. Brokers will re-rate $25 in my view if mre good news.
WA1 Price at posting:
$14.08 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)