I think $1 is not far off, if we end up making $100USD per ton and we are able to mine 2mtpa then the math is quite simple.
$200m usd to be split 60-40 between cka and other bbm holder, which leaves $120m usd.
Lets say its 50-50 split, which would mean a $60m USD profit p.a. lets say $70m USD with PCI.
Currently that is $97m AUD p.a.
With 700m +/- shares on issue, $1 would only be a P.E of 7.
