Cant see this 10 bagging at least until Magna 3bs are no longer necessary. These guys are making such great returns on those 3bs they will continue to push as hard as they need to for the gravy train to keep going.
Grades and then cashflow from operations are the key catalysts IMO. Without those boxes ticked, there is too much leverage in the wrong hands to see any dramatic SP re-rate.
Just MHO of course.
The next 10 bagger??, page-125
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