Cannacord have revised their modelled assumptions for Mt...

Cannacord have revised their modelled assumptions for Mt Cattlin, increasing their production estimates to +200ktpa concentrate. Additionally, they have also moved to a resource multiple valuation approach for James Bay
The changes have resulted in an increase to our target price (NPV10%) to $0.95/share

This itself offers a 50% rise/gain/upside to strike Cannacord's Valuation of GMM which historically have always been broken through and surpassed.

Cannacord have continued to buy here according to recent broker reports, they know the reality of their valuation.