Ann: Empire Completes $46.8 Million Capital Raise, page-27

Not really skilled at this but if the projected npv is seen perhaps at say 14.5-15 bill in phase 3...two questions:
1.what sort of share price value can be hypothesised it might be?
A time line for phase 2 and 3...phase 1 is projected to be early 2025
The company has proposed a three staged plan to initially produce up to 25 tera joules (Tj) per day in phase 1 with first revenues of $110m a year expected by 2025. Phase two will see it pump out 200TJ per day to feed the hungry Australian east coast market and phase 3 is expected to give up 1Bcf of gas a day and supply the LNG export markets.