The price in the medium term really does depend on the upside of their flagship project. Of course 15c is conservative however if they come out with a 2m Jorc resource in the future which is commercial in nature the sums would look very favourable.
There are of course other projects on the books with untapped potential which will no doubt to the value of the company.
This could become a $500m company alot quicker than many may think.
