don't forget the longer term.16 Dec 2017 13:52
Assuming licenses recovery there will be an initial SP bounce but in the longer term the intended plan for the mine is to produce and sell heavy minerals on world markets, so by 2020 onwards when the mine is operating at full swing then the outlook for profit will determine the MC and SP. Also PFP is likely to expand mining operations to other geographies so, if successful, SP could rise well over 1 pound/share in my view.