RE: Re Infographic4 Oct 2018 19:56
That’s not crazy really. If we get Mokopane, Brits and Vametco up to 20,000 mtv per annum longer term and make $80 profit a tonne we would have around £650m annual profit after taxes and a valuation of £8b would not be unreasonable at that point. BE would need to be worth £4b and there you have a 40 bag from today’s level. I might only have shares from my SIPP still invested at that point and if no further dilution I’d be well over my lifetime limit. That’s a 5-7 year horizon though I reckon.