Hi canonman and all,
Bill's own words are a target of $3B to $5B market cap. He just reiterated "with no further dilution".
This equates to ($3B) $17.88 share price and at 2% the return would be 35.8cps per annum.
At $5B the calculation is $29.79 and at 2% dividend would be 59.6cps per annum.
I am not saying this is risk free of a slam dunk. This is speculation reliant on reality manifesting exactly to Bills target.
Reality could over or under shoot these targets due to all sorts of world events not in Bill (and team's) control.
Yet his track record is brilliant thanks to his management approach and mining acumen. Bill has build an awesome team and they will give the targets a serious "crack".
I really like the discussion in this thread. Lots of quality information keeping me informed.
Cheers CW
Ann: 31 March Quarterly Activities Report, page-66
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