whats gbg worth producing 16mtpa, page-6

Remember gbg gets half of the 16 mill tons pa So 8 mill at say $90per ton margin equates to $720 mill. The question is the final dilution of gbg shares. If dilution to 1.5 billion shares or a 1 for 2 rights issue will still have an earnings of around 50 cents a share. At p/e's of say 5,6 or 7 we get a price target of $2.50 to $3.50 per share. I guess I have to wait till 2012. Not to worry I am a long suffering saints fan and use to pain. Enjoy the pain as the rewards will follow. Hang in there !!!!!