Imagine the amounts of money rolling in a cpla years once AGO...

Imagine the amounts of money rolling in a cpla years once AGO produces four five times what theyre producing now . 30mill tonnes @ say a margin of as low as say $50/tonne is $1.5bill bucks and given the mass amts of CAPEX, theyll be able to write off all the CAPEX as tax deductions for MRRT tax right? Its a NO BRAINER!

Youre looking at an EPS of circa $1.50 per share at 30m tonne prod and only a $50/tonne margin

Give PE 10 and you get $1.50 a share pre tax n depreciation

Even if u incl the cash flows incl say 30% tax, thats still an $1 per share. Give PE 10, you get $10bucks at 30mill prod and $50 margin.

Theres currentlt what 800-900mill shares? Ok even if they issue an extra 200mill shares for CAPEX, my figures hold coz ive already assummed 1billion shares on issue for the calcs above. Its a NO BRAINER even at IO prices of $100/tonne and in the first few years well get a tax deduction for all the frowth capex from the new tax regime