MXC - How blue is the blue sky?

I thought I would try to articulate how big a pie that MXC can secure in the future.

From a revenue perspective, assuming that they can get to even 0.5% of the skincare market (circa 35% of cosmetics market), and if they are playing in the USA market (~US$11B), ~US$27B in Europe, and Canada market (US$0.7B), that will mean that it will get a revenue of ~US$200M. For cosmetics, roughly net margin circa 20%, that will mean it can attain a possible NPAT of US$40M, which when translates to AUD at say 0.7 exchange rate, will be A$57M. This is pretty much the market cap of the company now! Wow!!

This is not even taking into account the pharmaceutical side of the business and not even taking into account potential launching of products into other markets.

I'm putting some serious money behind this as I think that this can potentially be a 10 to 20-bagger!!