Thanks Jack, that is interesting but not that easy to interpret.
I assume from your tables that a single success out of 8 horizons gets an uplift in the range of 31% to 85%
If you dollarise that, it means a potential uplift of about 10c per horizon on average.
Thus if there was a success in 4 of the 8 horizons, then the uplift would be 40c and the price target would be 60c.
I reckon that seems pretty reasonable.
Many thanks.
DDD
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