Potentially, but if JB DFS is released, and they negotiate a deal with a converter, plus lock down a SDV deal with a 10 year offtake, then 4-5.00 is more realistic. It really depends on how management executes, but 40% above 1.77, ie 2.50, is way too low just given the NPV of SDV alone.
GXY Price at posting:
$1.77 Sentiment: Buy Disclosure: Held