what this means, page-12

330m shares approx. after CEN and equity required to get capex off the ground is 50m which implies another 330m shares to be issued (although hopefully less with bankable feasibility studies etc leading to a higher SP).

that means 500-600m shares at 50c has the NPV fully priced on current calcs but I presume it would be worth more with CEN assets included so yeah I can see at least 50c sometime in 2014 or 2015 but I'm a novice at these type of calcs.