Market cap29 Sep 2022 08:36
Best not to think about this stock in terms of share price, but on the market cap.
With revenues in excess of £1,bn and payback based on the reduced capex requirements of just months, plus the potential of additional sites, I'm expecting this business to be revalued at a significantly higher value. £300m as a cap point is very realistic as we look at the forward pipeline and years of longevity in the mining. This would get the share price to in excess of the 2p mark.