A site visit highlighted Coburn's strong execution to plan,
First heavy mineral concentrate (mineral sands) production looks imminent, marking a major de-risking milestone and price catalyst.
Coburn's 40-plus years of cashflows provide compelling optionality for Strandline to consider Coburn's expansion, which the broker sees as very likely. Target rises to 75c from 70c, Add retained.
Sector: Materials.
Target price is
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