I think we should bear in mind that MFN did all this in the context of much lower gold prices than Tyhee will. On the other hand they have fewer share o/s and a bigger compliant resource.
Taking all the above into account, if we can get a bankable PFS (and raise the cash for the mine) and get the permits then $2 is not unreasonable over the next 12 months. There again... 6 hours in the pub tonight and feeling jubilent... really enjoying being nearly divorced:)