Thanks for all the responses.Obviously delays and other...

Thanks for all the responses.

Obviously delays and other unforeseen events could impact on the company's future, but given the numbers, I think ABU looks set to shine.

I noted recently they received plus $3 million gross income from their trial mining; this gives extra cash and negates the need for hitting shareholders.

From what I can gather, the downside is little but the upside is very positive.

Using the figures suggested, a NPAT of $32.6 million for FY2015 and $64.8 million for FY2016, and a very conservative PE value of 10, that's a market cap of $326 million and $648 million. That's over 4 times and 8 times it's current value.

;-)

That's not a bad return given the limited downside.