Growth in 2023 - How do we become a $250m company?, page-3

Great post! @metalbee.
I think we should be close to $17m cash at 31/12/2022 but understand the logic of conservative numbers.

I would think the push to 5c will happen by August 23. Probably travelling to 7c is my belief.
If they don't go on capital spend journey (which I think was done last year) they are on track for profit per share of $0.01 at PE of 6.2, current PE, we should be an assumed 6cps. Resource bull market which could happen this year could see us hit 12 to 16 PE.

8 months of production profits with estimate cash in Dec, which you noted as $14m, could see us at $36m to 40m in cash in August with a dividend payed in April to June.

Consolidation is plausible with BCN but I just had one in another stock and it has reduced the price spread (narrow range) and reduced the volume. Making it harder to load up on and or sell.

I would like to see us get to 50k ounces of production a year before we consolidate. Only my two cents.