Don’t sell too cheapToday a popular German magazine "Focus Money" wrote: "In 2021 a production of 500000 ounces (without Didipio) at a cost ratio declining from 788 to 649 US$ (obviously they don't refer to the AISC, cash costs??) seems possible. With the comissioning of Waihi a broadening production in the coming years can be expected." They calculate current reserves of 5,3 Mio ounces, and earnings per share in the positive for 2021 in several models POG:
1600 US$ 0,28, 1900 US$ 0,44, 2100 US$ 0,56 and 3000 US$ 1,06.
With this optimistic view without Didipio the shareprice should be able to climb between 7 and 18,75 CAD$ at a 15 gold price/earnings ratio, maybe this ratio climbs to 30, which was seen for gold stocks in 2007. If Didipio comes online again, I guess you can add a further 25% to these share price estimates.