Revised Valuation, page-2

Thanks RON

Some slight adjustments and targets and think the market will like this............fairly straight forward and no need to read between the lines

so much info to come our way ................markets reaction since Director selling has limited sp's revival ...........broker reports still coming out with very good targets ...................loving the positivity but as usual we will probably have to wait for official numbers to be released to help our own back of envelope figures............still think the market will grasp both broker reports with some positivity

cheers

FWIW my 18 month (back of envelope) sp target remains at around $1.70.................difference being that demand IMO will step up and production will need to be ramped up so increasing costs

I will be happy with $1.70 in 2020 but believe we might have to wait until early 2021......................of course this is based on no ceiling falling in nor the world order being disrupted negatively