These are the share values I get for different levels of...

These are the share values I get for different levels of production of 500ktpa; 2.5mtpa; and 5mtpa for different levels of price per earnings ratio of 5; 10; 15; 20 for the financial year 22/23 based on a whole heap of assumptions that I am waiting to verify from the DFS if and when it ever get published.  The example below is for no royalty payment so it is on the high side of likely outcomes but it gives you an idea of the potential impact that taking the project to full production could have on the sp.

		Procduction	PE	PE	PE	PE
1		Price/Earnings for FY23	5	10	15	20
2		500ktpa production	$0.42	$0.84	$1.25	$1.67
3		2.5Mtpa production	$1.90	$3.81	$5.71	$7.61
4		5Mtpa production	$4.87	$9.75	$14.62	$19.50