RE: £1 party1 Apr 2019 17:56
I think the last 3 months of the year are reasonable for the £1 party or maybe very early next year. The only situation i can see it happening earlier is a return to v prices approaching last years peak and a brownfield acquisition that can start producing quickly. Both need to happen in Q2 but if not, with Vametco and maybe a 50% rise in V prices we should see £1 by year end. BE will take until next year to add value to the SP i reckon. Overall I'll be happy if we hit the 87p broker target this year. If not FM would have underperformed or the V price crashed which i dont think is likely.