GhostaThanks for the comments. Unfortunately for me this sudden...

Ghosta

Thanks for the comments. Unfortunately for me this sudden attention is destroying my accumulation approach. I will now have to look for buying opportunities as the year goes along. IMO it's going to be a huge year for shares. I feel now that we are in the production year AGM could well take off.
Your EPS calculations are very helpful, using a safe PE of 10 and $US35000 tonne then $3 is about right. I don't want to sound like a ramper but saxon and possibly another resource find and a PE of 15 to 20 is not out of the question. If I was to guess then I think you believe the same thing?

cheers