Ann: Trading Halt, page-62

Based on the numbers my range is A$4.49 - A$5.71 with the latter being a zero debt production year.

Assumptions:
Exchange rate of $0.82,
Basket price US$2100
600m shares (ordinary shares + all options converted + part equity financing)

If there were to be no equity financing my upper target would be A$6.84.

If the basket price were to drop to US$1500 my target would be $3.54 for a zero debt year.

And then there's the market factor which is worth $X.

Let's see if we get close.

Disclaimer: These figures were calculated by your local unlicensed backroom couch potato financial analyst in yours truly. Treat these values with scepticism, the same as you would any broker.