Tlou Energy Valuation

Trying to put an overall company valuation together. I accept that the whole project is very unlikely to be in production at one time, but it does give an indication of the possibilities for a huge gain.
Tony Gilby attributes revenues of $100-150M for a 100MW. In conversation with Tlou, they believe the current ML has enough capacity to also fuel Orapa, at 90MW. If we take a mid revenue of $125 for 100MW, 190MW equates to $237.5M revenue. Current ML covers 10.85% of acreage. So possible revenues of project total is $2,188.94M per annum. Taking a profit margin of 15% gives a potential average annual profit of $328.341M. With a PE Ratio of 10, that equates to a gross valuation of $3,283.41M. Allowing for a 25% discount for non optimal field gas conversion on the entire acreage equates to a valuation of $2,462.557M. Convert @ 0.76 to GBP gives us a market cap of £1,871.543M. Allowing for an increase in the share register to a fully diluted 400M shares gives a share price of £4.68. This is the potential worth of the Resource/Reserves. Even applying a further discount of 2/3rds for unknown issues gives a valuation of £1.56 over the whole project. Just my thoughts, basically, as Tony said, the upside is almost unlimited!