GREY:NEVDQ - Post by User
Comment by
Marketwatch6789on Oct 14, 2021 6:37pm
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Post# 34007234
RE:Carap close >>>
RE:Carap close >>> Hi Notgu do you know if the NAV of $3 includes build out of the open pit? It is my understanding that it does and requires an additional 672M to build. What are you thoughts on how they are going to finance this?
Additionally do you know the allocation of the NAV between open pit and the mine?
Short term I am seeing the step at $1.60-$1.65 area. However, Scotiabank just reduced their target price from $1.50 to $1.25 their reasonig being that they do not currently see a clear path to building out the open pit. What are your thoughts? RBC has not changed their target price of $2.
What are your thoughts on stock price in the next 12 months?
Many thanks in advance