$5M increase on last quarter at 48% Cash Margin increases...

$5M increase on last quarter at 48% Cash Margin increases Cashflow by $2.5M

So $5.6M Sept Qtr + $2.5 Increase this quarter will see around $8M free cashflow or $32M Annualised

20 times x $32M Cashflow is $640M or $4 share fully diluted

They are on Track for $40M+ free cashflow annualised by June Qtr 18 which is $800M or $5 fully diluted.

There is no Blue Sky at all in these prices. US partnership and I would be using 30 times free cashflow.

$900 to $1.2B - $5.5 to $7.50 Would be a realistic target in 12 Months

$3.50 to $3.80 is a no brainer and probably floor in price now and would classify that gap as a breakaway gap now.

THINK BIG

Cheers