RE: Excellent....13 Nov 2021 08:07
Morning Bladey,
When I took my position a month ago, I considered that highly achievable relatively short term is x4 a market cap of around 30-35p (say 110m mc), so at some point maybe Q2 2022 SP in the region of £1.20 - £1.50 (roughly 430m mc)
Are you or anybody else more researched than me on roughly the same page with numbers? Yes if and buts but it's looking pretty solid.
Then after that where do people see us heading if we exploit the extra land? Lots more unknowns to guess at with a projection that far out. How much land will we mine, need extra funds, met coal price by then could be even higher.
Some weekend musing!