This looks like it, the announcement to bolster the sp. But...

This looks like it, the announcement to bolster the sp. But wait, Vic is implying he may not redeem the debentures as I think, with the good news most if not all may roll over their debentures. We have enough cash to redeem some of them.
Now some calculations. If the plant reaches capacity in a years time then the following happens.
175kt x 20 x $400/t = $1.4b revenue.
(175kt-plant capacity, 20x is the bulking up with flyash)
Let's say $200m expenses and we have $1.2b earnings.
That leaves 60c/shr earnings (2b shares) and a pe of 20 gives a sp of $12. Now don't howl and call this impossible. This is the blue sky and will not be reached given the current market climate but in a years time, who knows!