To give a greater breakdown; Shares on issue: 120,068,750 Shares...

To give a greater breakdown;

Shares on issue: 120,068,750
Shares on Issue in Escrow: 60,200,000
Options Outstanding: 30,800,000
Convertible Notes: $2,191,307 ( @ 20c per share = 10,956,535 shares)

Total Potential Ordinary Shares: 222,025,285

Current share price: $0.16

Market Cap @ Current share price: 222,025,285 x $0.16 = $35,524,046

So under a fully dilute basis with all options converted, all shares out of escrow and all convertible notes converted a market cap of $100 million would mean a share price of:

$100,000,000 / 222,025,285 = $0.45

Which is basically a share price three times higher than currently.

As Mouse said, this depends on a few things, most importantly the project financing. Hopefully they can do all the project financing from debt and grants as to not dilute the share holders.