Lets assume they make only $100 per tonne x 20m tonnes =$2b profit pa. [currently conservative given price is $300 pt]. Put this on a PE X10 and you have a $20b market cap. This means the price is a 10 bagger or closer to $100 per share. I see the share split the same as FMG and similar returns in appreciation in the same period of time. Think i am wrong????. Perhaps Talbot spending $103m should make us doubt this outcome a lot less. He seems to like making 10-20 times his money.dyor.
RIV Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held