If we are trading on a P/E of 2.2 by the end of FY25 I will eat his hat! Seriously though, it's good to see coverage by an analyst, hopefully some of the bigger ones get on board.
I'm thinking how fortunate we are that Lachlan sortied out the equity funding. With the US banking palava, short term dip in the copper price and interest rates where they are I don't think we'd be in such a good spot.
As an aside, the current AISC should be around $150 per tonne less based on the current gold price and exchange rates which are both more favourable than the refreshed economic study assumptions.
Hopefully the FIRB makes its decision sooner rather than later. Their decision timeframes have been blowing out for the last few years.......
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