a few rough calculations on share price, page-13

its just a quicky, but should use fully dilluted values for number of shares.

In MAKs case, i use 110 million units.

And i also use the following discounts to get to maks profits, x0.9 MAK x 0.7 fed tax x 0.9 State tax x 0.95 land rights indiginous. (450 mill clear profit in 2-3)

I'm learing too, and am no expert, but my target SP of 20-30 in 2-3 years remains intact.

And despite other methods, the end result is the same.

If I look at other companies, with more significant capex, I usually divide the profits by 2 as a ball park of costs.
And that is fairly close to what others derive by longer methods.

Just keeping it simple, and i dont normally buy into stock that doesn't have blue sky, so, it never really gets marginal.

If at the end of the day, i end up with half what i expect, I made a good decision.

cheers