300% growth in sp for 2011

Based of 2011 producation and cost we could expect GDO cracking NPAT ofatleast 58 million for 2011

The continued build up in production levels at Modder East during the September and December quarters of 2010 has provided the company with a solid foundation to achieve its 2011 production guidance of 120,000 ounces at average cash costs of US$ 417/oz

as outlined below:
March 2011 quarter 25,000 ounces
June 2011 quarter 28,000 ounces
September 2011 quarter 34,000 ounces
December 2011 quarter 33,000 ounces
Back of envelope calculation
Production 120000 ounces
Average 2011 POG $ 1350 oz
Average 2011 cash cost $ 417 oz
Average 2011 capital and other cost $ 450
Total cost 2011 $867
Net margin ($1350 less ($417+$450) ) = $483 oz
120000 *( $483) = $58 Million Approx Net profit
Total Shares on Issue: 806.8 Million
EPS .072 Cents
PE of 15 however gold producer PE on ASX is around 25
Equates SP of $ 1.08