An excellent summation AngryPrawn, and great argument for a price of $1.50 per share. IMO the summation still suggests that a price of $1.50 is in fact very conservative, since the inputs assumed certain stated numbers provided by SFG to the government which are very much on the low side eg price of $10 per Kg, and 125,000 tonnes per annum - elsewhere I have seen numbers published by the company with numbers far greater than this (annual revenue in excess of US$2.3 billion for one). This suggests a share price way in excess of $2.00!
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