Ann: Trading Halt, page-167

One last evaluation for now, once we get to our target of 8mtpa(with fast tracking this could be under 3 years)

Conservative: (PE of 10 + 3% dilution, $30 profit p/t) = SP of 97.3 cents

Normal: (current FMG PE + no dilution + $44 profit p/t) = SP of $1.47

now add the steel ventures and I think you can see where that famous $1.60 figure might be coming from

anyway I'll be here hopefully holding a very similar number of shares to what I am now when we hit 8mtpa which I think is doable by 2020 if we play our cards right.