Hi Samawatu
I am fairly simple in the way I look at things. Fully diluted CAI will have 400M shares on issue and claim they can pay back a debt of $120M in 14 months. So.... lets say it actually takes 18 months .... that means the company has to make a profit of $80M/year... which equals 20 cents per share.
On a P/E of 7 (which is somewhere around the average for mining) that gives 20 cents x 7 = $1.40 per share. That's my personal base case and leaves out any exploration/acquisition upsides.
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