Ann: Trading Halt, page-83

this is an important point

everyone here is throwing around predictions with no reference to market capitalisation and relative market valuations

throwing out sp predictions without reference to issued capital is silly GB ran this comparison in his summary and its very important; of course his numbers could be updated by anyone with some simple multiplication

1) see how the market is currently valuing similar ASX plays
2) adjust for our stage of exploration
3) determine a reasonable market cap range for our stage of development
4) back calculate your target price using the relative market capitalisation range and using DRE's # of issued shares

in my opinion a strong result on Monday could value Dre in the $200-$250m market cap range. if people are talking the $1 party well thats valuing DRE at well over $2bn and assumes no further dilution (additional shares issued) which is almost inevitable given we will need more cap raisings unless a big player is ready to take a big position in this beast

anyway - bottom line is to use relative market valuations as your barometer in setting reasonable share price targets