DYOR. Not Advice. Targets presented below are based on my...

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.