I love your optimism U812.
20c would be a nice initial target. My stockbroker believes that 25c is achievable long term, but he won't put that in writing, it is not his conservative company's official view. Anything beyond 20c may take a few years to achieve.
As posted here previously, someone who talked to Darren stated that he believes that 30c a share is achievable.
On a p/e ratio of 5, 20c a share means a mc of $600m, so income would need to be about $120m per year. That would be stage 3 of development which may be up to 2 years away?
Hope you are right with your sp estimates, do you know any big investors or instos that you can convince also?
Keep up the good posts!
Go ABU!
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