Good question—and to be clear, this isn’t advice, just my personal view based on the fundamentals and upcoming catalysts.
Short term (0–3 months):If a credible funding package is secured (JV or otherwise), I think a re-rate to the 20–25 cps range is realistic—simply reflecting de-risking and market validation of the project’s economics.
Medium term (6–12 months):Assuming funding is locked in and early development works begin, plus some broader copper price tailwinds, I could see it pushing into the 30–35 cps range as institutional interest builds.
Long term (1–3 years):If the mine is developed as planned and copper prices stay strong, the cash flow profile could justify 50–60 cps+. That would still be conservative relative to the implied value of a 10+ year, high-margin operation, particularly with resource expansion upside.
All of this hinges on execution—but the ingredients for a major re-rate are clearly there.
KGL Price at posting:
9.1¢ 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)