10 dollar price in 12 months would, page-4

10 dollars would be $4b market cap or so.

Best thing is there won't really be a need for dilution now that they have so much coin!

If they are progressing to a 40,000 barrel plant then its a possibility.

Assume a cost of $30/ barrel plus say $10 overs for overheads etc and sales price of $100 for diesel (I think this would be pretty discounted given that oil is $100, so diesel should be much more).

So $60 margin x 40000 barrels x 330 (assuming a few days down for maintenance).

Should be making a profit of about $792m before tax.

Roughly $550m after tax. Go with a PE of say 8 and you have a market cap of $4.4B.

A lot of upside to those figures, and that is for Chinchilla only and does not take into account any other projects. Wow!