I have been pondering the target SP that we could see from this stock in the near term, and am interested to know what you think about my best case predictions.
The following predictions are predicated on Slager concluding the sale of shares from his funds, with no other major liquidations occurring. They also include a fair dose of my wishful thinking.
Next 3 months - Assuming a successful IPO on the ASX, but with no partnership deal for the construction of a MAP/DAP Plant - SP 50 cents to a Dollar.
Next 6 months - Company actually begins shipping rock and producing enough revenue to become self sustaining. One Dollar to $1.50 per share
Next 9 months - path to profitability has been proven, diamonds or uranium may come in to play. SP of $1.50 to $2.00
If an equity investor deal is consummated, this timeline could become accelerated.
Please share your own predictions for the SP as well.