TTY 0.00% 49.5¢ territory resources limited

2mtpa is the 2009 production rate.It will be potentially 3mtpa...

  1. 95 Posts.
    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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