I consider us significantly de-risked so a middle of the road 60% of the fully diluted NPV/Share works for me (fully project derisked would be around 80%). From there I can work out if there is value to be added or not (in theory).
At this end of the market though things are irrational so I typically work out an abstract value based on sentiment/world economy/sector health/fundaments.... aka gut feel
I am eagerly awaiting our new PFS. Toho deal is a given imo, they have good history of operating with Aus companies. Really exciting to see this kick off
Hopefully line wiped by close
G1A Price at posting:
32.5¢ Sentiment: Buy Disclosure: Held
(20min delay)
