This stock should be trading on an asset value of about 50c per tonne, or about five times what it is now. I gather there is going to be steady news flow coming up through the rest of the year and into next. I think this is a very good 6 month to one year hold and we will see a substantial re-rating. All the pieces are already there, we are not waiting for de-risking, but rather for the market to recognise the value.
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