If we assume a p/e of 10 and we achieve an annual income of say A$54M and prove up a reliable income producing resource Then sp = 10 x A$54M / 540M shares = 540/540 = $1
It would appear that a sp of aroumd $1 is a distinct possibility especially if CJ's mention of dividends comes to fruition. imho of course and i stand to be corrected
only 82 days to october, page-30
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