Short Term 40p, Medium Term Target £12 Mar 2021 19:21
#CMET I have no doubt this will hit 40p short term and £1 long term.
1. Compared to competitors this company is lot further down the approval process.
2. EIA is in public domain final comments by 12th march 2021 but already approved by government.
#CMET
3.Production in EIA was forecast 500k PA, latest forecasts RNS 1,650k PA.
4. Expect upgrade in resource in next 6 months and mine life, currently 5% investigated with exploration licences approved.
5. Only 3m depth within forecast with further resources expected 3-12m.
For me this is long term hold, soon as RNS for approval of EIA is announced this will start to move seriously