sp by the end of the year, page-4

Not sure on reaching the $1 mark just yet. I don't think we'd reach that until we actually started production.

Currently there are 251m shares on issue. Estimated INcome from JSF (note not full amount until 2013 or 2014) is $50m. Projected EPS is therefore $0.20. Currently we are trading on a PE of 1.83. Not much I know. We'd need a PE of 5 to get to the $1 mark, which is not impossible, however I think that would be maybe towards end of next year.

That said if it reached $1, I'd sell part of my stake and free carry the rest. Hope you are right on that account.