You are aware there are 1250,000,000 normal shares on issue? It's nice to think everything will be in massive full production (generously in 4 years), but even then are EPS targets like 0.87c a share realistic with 11.5x to make your $10 a share price?
Give us some extensive calculations, taking into all factors for your EPS and I can believe it a bit more.
Consider costs of production, plants, loans etc. over that period. Just getting it all up and operating efficiently is an epic exercise. Sure they can pay down the debt gradually, but it still takes profits off the table which affects the EPS, debt must be paid, although it's a good time given low interest rates.
GXY Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held
