RE:TD Target $10.50 The reason, as I've stated previously for my investment in ALO, is that of being a prime take-out candidate within this time next year, before production ever begins, with a take-out share premium over current NPV vs what is currently a FD share discount of 60% to NPV.
If one can buy shares in a company that has a discount of 45+% to its NAV, I feel that's a pretty good investment. Based on ALO current 60% share discount to NPV, the upside makes this play imo a very good investment where patience will be rewarded. GLTA