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I do not understand why this stock is very cheap while: 1. PFS...

  1. 134 Posts.
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    I do not understand why this stock is very cheap while:
    1. PFS is completed and confirmed the technical and financial viability of the Namangale project
    2. PFS showed the project's NPV-after tax is US$890M (A$ 1165) which means around 28.5 times of the current market cap
    3. DFS is behind the door

    For me, the price is bargain and would not stay like this for a long time.
 
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