2mtpa is the 2009 production rate.
It will be potentially 3mtpa in 12months time.
If we see resources upgrade, and a maintenable earnings of $100m.
The business will trade atleast 7x PE, hence $700m.
Taking it to $2.80ps.
Its very possible to achieve this sort of price by mid 2009.
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2mtpa is the 2009 production rate.It will be potentially 3mtpa...
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