RE: Into the 20s?23 Jul 2025 16:48
Totally agree Lionel - which is why it's probably not worth setting any kind of price targets on this right now. There are too many potential catalysts here to be sure of anything, even in the PEPAS project alone, nevermind the other three projects! Then you have the fact that we are being loaded into by institutional investors who don't make money unless this multibags from here. Then you have the fact that all of this is transpiring in a bull market for gold, which looks ready to retest £3500 and breakout towards $4000. Then you have the fact that if we get to a certain share price, we end up in the GDXJ, which then gets us on the radar of yet more investors (institutional and retail) and is an event that likely adds 10-15p to the share price by itself! Then you have the fact that we have the seasonally strongest months of the year to come, into which we will be releasing the MRE and the El P results!
So it's impossible to set a share price target, as you could literally set it anywhere between here and £1.50 probably! As the Doc says, best to just base your holding period around events and letting the catalysts unfold rather than any arbitrary price target as such, and the share price will go to where the catalysts/market take it. But knowing that it will be well, well north of here!
Overall, this does look like it might be one of those rare opportunities to make life changing gains! But let's just take it once stage at a time, as the journey is only just beginning. All imo and GLA