Perpetua Re Ord Share Price (0V6R)

Yes great story. I've been holding for about 3 years now and topped up on dips. A big Paulson punt although their $40m cash injection back in Feb at $0.35/share is already nicely in the money. Should get permitting but at what cost? Hopefully, the prospect of 3000 jobs will swing it in this climate.

Fully diluted mkt cap at close today is $600m and I reckon the take out value would be between $1.5 - 2bn based on average of similar projects of $225/oz, which values them around $3 per share.

Still worth adding to even after recent price rise. This was never going to be for the quick traders but longer term hold. Potential is massive but will take time. Just look at the prospects and more importantly the backers. They are in it for the longer term. I think $5 -$10 is very possible but as said will take time.

Don'e expect many to know or read this but its a great story and now is the time to start buying.