I expect POG to hold $1220 USD on average over the next 3 months. Anything above that is the upside unfactored in and with the asumption that drilling is ungoing for further discovery.
Taking that into calculations, and if LOM is extended (the below scenarios I predict after successive upgrades):
3 years MOY to hit $150M
4 years MOY to hit $200M
5 years MOY to hit $250M
7 years MOY to hit $300M
10 years MOY to hit $400M
Look at our bigger brethen RMS RSG.. etc $350M to $450M in market cap. No reason why MOY cannot sail to those heights.
The hedge being off is going to make it very interesting going forward not included. This is a pure cash machine now.
MOY Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held