what does 2014 hold?, page-2

The position in 2017 will see 3.4 mtpa selling for USD $ 124
at current exchange rates this will give a margin of $ 40 a tonne ( Costs AUD $ 100)
This means a profit of $ 140m pa
COK is entitled to 80 % of this or $ 112m pa
This has a 20 year life ( even ignoring Baralaba south )
To me this means the business is worth $ 1b on the northern expansion alone.

Next year ( CY 15) it will be at 750,000 tpa making it worth $ 240m
CY 16 will be 1 mtpa making it worth $ 320 m

So I reckon it has upside as it is happening right now, fully financed
I reckon 25 cents in a few years
Is your house going up 7 times its current value in a few years ?

All this imo & make your own decisions. This is not investment advice