my initial target $13here's a few benchmark numbers to think about. All basic stuff.
Using 12.6m oz (14.1m oz (gold and silver combined)x 90% recovery)
@ $100 in the ground, ARU SP = $8.75
@ $150 in the ground, ARU SP = $13.13
@ $200 in the ground, ARU SP = $17.50
@ $250 in the ground, ARU SP = $21.88
@ $300 in the ground, ARU SP = $26.25
Right now i'll be looking for the PPS to move towards $13. From there with fair wind and the company getting this resource into reserve territory, $17 will be next target.
Any buyout will be fought at the $200 to $250 range, but i'd expect them only to sell FDN and keep all the other promising stuff for themselves.
How cheap is this stock? VERY. However methinks any "to da moon" type comments will only end in disappointment. This is a great play for everyone, but best not to run before you can walk.