my future value $1.65 to $2.20 per share

Wangi,Fangi ,KookE and other believers ,
Is $240 million Profit from an emerging anthracite producer capped at $120 million with only 400 million shares on issue with no Rail,Power or Port issues any good? [ 4 million tonnes x $60 profit per tonne PER ANNUM ]
In my reckoning, using other coal companies as a template, this little hum dinger should be trading at a PE of 3 or 4 in 12 to 18 months time not 0.4[prospective] as it is now.
To my reckoning that should equate to a price per share of $1.65 to $ 2.20 in 12 to 18 months time . I have not considered further drilling results from the rest of the 55000 hectares of coal endowered country ,central,northern and whatever else these astute business men secure .
ANY THOUGHTS?
Cheers Chooky