https://www.australianmining.com.au/de- ... rice-high/
From the article above: "The definitive feasibility study (DFS) from September 2023 had an estimated net present value (NPV) of $2.9 billion, conducted at a gold price of $2700 per ounce (oz). Now, at the current price of $3950/oz, Hemi’s NPV is more than twice as high as the DFS estimate, demonstrating the project’s strong economics."
DEG now worth AUD$3.3bill or GBP£1.7bill today's closing price. So what is a fair valuation of GGP when all things considered?
Surely GGP is worth at least a similar valuation... £673mill currently versus £1.7bill ...
= 2.5times today's share price of 6.5pence = 16.5pence which is close to the latest Cannacord broker update of 15p.