RE: The Good , The Great , & The Greatest!-DYOR!9 Jun 2023 13:25
Hi Joubert - I think brokers have a role. Take from their research notes what you want. I would suggest they know more than the average PI, especially when they are one of the company's brokers. Sprott have always been conservative (currently 15p) and together with the others. added to one's own DD, forms a picture by which you place your bets.
Don't dismiss them entirely.
Moving on.....
IF....IF we get another MRE before the DTM, it will probably riase the 6.5MozAuEq to around 8MozAuEq. Shortly thereafter we will start mining. We may not get another MRE(2) from Newmont/GGP.
This then is what the MM's will base the SP on until we generate FCF. and thus the SP will start its inevitable rise.
Consequently - I like Panama's 'projection'.
Z