GC - I can't see a license deal until the 60k tpa plant is built. I reckon BHP will help us get the project financing for it, then we will be guns blazing.
But thats 2 years away. Might be a bit of a wait.
though the 3 mill a year from the Newcastle plant should help avoid placements.
Also on the valuation - one of the recent APG presentations provides updated EBIT estimates, just need to add in interest and tax and away you go.
My thoughts only.
rgds,
Fergus
Add to My Watchlist
What is My Watchlist?