This report is not written in stone, its only meant to be a current valuation that can be refered to for investors when doing their dd. My expereince with these things are that they are only something to get a sense of the average sp. This target price and timeline are only opinions that are backed by the available research. I have seen them dead on,over estimated and over conservative. Which one are we? I dont know. It is possible that our sp in 18 months could be double the target price as well as it could be half. This report is only a guide line and not too much emphasis should be put on timelines, IMO.
In regards to your scaling factor question, I cant answer that now but hope someone here does.