new target price by whtm, page-6

Has anyone got an idea of what HGO cost of production is?
I was in this stock 2 years ago and I'm considering buying back in.

HGO ann 19th Jan said it intends to produce 80K tons p/a.
It has just sold 3,450 tons for $5.2 mil.
That's $1507 per ton which would make a year's revenue of
$120.56 Mil.

If its NPAT were say $60 Mil that would be 7.59 cents EPS and with a
P/E of say 10 that would make the share worth 75 cents odd later in the year.

Could someone familiar with the forward fundamentals of HGO please comment.

Cheers
Moorookamick