Here is a bit to ponder, before you going throwing absurd...

Here is a bit to ponder, before you going throwing absurd figures around....Think where EXT might fit....?

Keep in mind these are undiluted figures, not factoring in the new up an coming SPP or any newly issued shares going forward.

It looks fairly priced at these levels.....without producing a single ounce and with unknown start up costs or hurdles in the future.

Is it worth any of these, you be the judge.....?

EXT's Share price is currently @ $10.00 which equates to a current market cap of $2,305 million.

If EXT's share price was @ $35.00 it would equate to a market cap of $8,067 million.
If EXT's share price was @ $70.00 it would equate to a market cap of $16,135 million
If EXT's share price was @ $100.00 it would equate to a market cap of $23,050 million

Other companies current market caps around the same current market cap as EXT @ $10.00 per share it is worth ($2,305 million):

Macarthur Coal Limited = $2,203 million
Aristocrat Leisure Limited = $2,459 million
CSR Limited = $2,630 million
Paladin Energy Ltd = $2,868 million
Bendigo and Adelaide Bank Limited = $2,519 million

Other companies that have a similar market cap if EXT was to hit $35.00 per share it would be worth ($8,067 million):

Coca-Cola Amatil Limited = $7,358 million
Oil Search Limited = $7,128 million
Orica Limited = $8,128 million
AXA Asia Pacific Holdings Limited = $8,752 million
Stockland = $8,939 million

Other companies that have a similar market cap if EXT was to hit $70.00 per share it would be worth ($16,135 million):

Origin Energy Limited = $13,395 million
News Corporation = $12,138 million
Santos Limited = $13,108 million
Leighton Holdings Limited = $11,010 million
Newcrest Mining Limited = $14,505 million

Other companies that have a similar market cap if EXT was to hit $100.00 per share it would be worth ($23,050 million):

CSL Limited = $19,441 million
Wesfarmers Limited = $25,259 million
Westfield Group = $28,820 million