Now we are a producer..., page-20

Early you previously stated below

''Finally, since I've given what I consider to be worst case scenario, I'll now give the other side of the coin. Using the consensus target of US$26k, a 50% equity raising (which is still very conservative in my view), the current exchange rate, and a PE of 15, then I get a value between 76 and 89 cents. Fully funded via debt, I get $1.52.

In summary, at worst case scenario it's worth 11.3 cents, where, at what I think is achievable, it could be worth $1.52. (I'm aiming for the 76 cents.)

Of course, only time will tell but it is closing in. 2014 is only a month away, and like someone said earlier, the smart money will move in before it reaches value.''

Do you have an updated valuation model from above as a few circumstances may have changed?

Thanks in Advance

DYOR