Based on a conservative PE ratio of 15 the projected earnings are such that the share price should be north of $1 by 2028 by my calculations.
BTW instead of 15 why not use BHP P/E of 8.5 it is still below the industrial and mining average P/W of 11
Using my conservative 7 cents it is 60c/share. I'd be happy with that. What China does with their pricing power and how other countries may reject buying or not because of pollution, I think my sp number is safe. But still not $5. Still a 10x.from here
Based on a conservative PE ratio of 15 the projected earnings...
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