Lets assume now that GXY's NPAT is $51 mil: that is $3K/ton (after tax depreciation etc)
That is 9.5c EPS.
@ P/E of 10 that would give us 95c SP without the benefit of
the purchase of L1.
Lets say at this stage that the L1 assets are worth 10c/share
That would then take the SP to $1.05.
Cheers
moorookamick
