There isn't much to go by, but last year they upgraded profit forecast and then beat it. This tells me they are inclined to leave a little in reserve to under promise and over deliver.
Of course it is all speculation at this stage, but only 4 weeks until the year is out.
I can see this at $1 plus in the next quarter without any further contracts. If the contracts 20500 has posted about come to fruition, then we could be well north of $1 very quickly.
At the moment, the market is asking "is this for real?" Once they deliver the result, then each contract announcement is likely to have a greater impact on the SP.
Good news if you hold.
ETC Price at posting:
42.5¢ Sentiment: Buy Disclosure: Held