what do you guys think about Davenports broker opinion? Is it...

what do you guys think about Davenports broker opinion? Is it achievable? It is yet to reach any milestones.

“Our base-case NPV10 for the three main assets is US$427m (8%: $683m). Our sum- of-the-parts valuation gives a fair value of cA$0.16/share, based on conservative modelling (US$250/t MOP) inputs and a 0.25x NAV multiple to account for the current stage of development. This implies that Davenport is trading at 0.21x NAV, with an implied return of 4.8 x to the current share price. We see significant potential for value accretion as the Company meets development milestones.”