time running out, page-7

The best thing i read in that presentation is that construction of mine to start 3rd quarter of next year. Now once construction starts there will be no doubt that this is going ahead, and if costs are below $50/t, it will be a highly profitable venture at the current price. Can anyone give an educated guess as to what the SP will be, or MC, of a company that can make $100 million profit in a year? Sure there will be dilution on the way, but if they stick to the timeframe, end of 2012 should see a SP over $4 i would think.