EGA price targets - $0.87 to $1.64 (18-30 months), page-6

DYOR. Not Advice.
Targets presented below are based on my research and calculations. You are encouraged to DYOR and make your own decisions.
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Due to the revised DFS we can look forward to planned 64 koz pa over the first two years following ramp-up. This is an increase from 53 koz pa ( so a 20.8% increase ).

https://www.asx.com.au/asxpdf/20190212/pdf/442k4rbzs5hrzv.pdf

AISC has come down to $1083 from $1069 ( it was updated in the DFS update ).

Apply same earnings-based valuation and method above my new price target is $2.34 once they are in production. Perhaps optimistic? A more conservative target based on metrics for peer producers is $1.05.

Shorter-term is $0.58 once we are in construction.