if you divide the estimated $41,630,000 per year by the outstanding
shares of 391,000,000, you get an eps of .106. Multiply the eps
by the P/E of 15 and you get: $1.59 per share.
Hope that helps.
Banosser is giving us a very conserative estimate to work with.
I'm sure he hopes that the numbers will be much higher, IMO.
Best of luck
Deb