I am not saying that $1.50 won't happen. It might (the tightly...

I am not saying that $1.50 won't happen. It might (the tightly held shareholder register may help but it could trade down on thin volumes).

My point was (pending my assumptions on net insurance claims and the value of the property/plant/equipment that have been provided holding) we have a relatively stable value base underlying the share price.

The interesting question out of today's report is whether much of the stock is salvageable. Also, does the need to try and monetise some of the recoverable stock put any pressure on the government to fast track the wharf? (assuming the enviro concerns have been dealt with).