The Brains Trust, page-1643

PB have you looked at ATU UBI or CAY. Only because you asked ... I am a relative newbie but someone needs to answer you!

ATU - coal. Good deposit of the highest quality coal you can get (anthracite) . In Canada. NPV (after tax) of 1.2B. MC ~220M undiluted. Management own a lot of shares I think. Production is planned to start small in 2015 and those cash flows are going to pay for the large scale production. I don't hold but watching.

UBI - $28 M cash ~30M MC. Health industry, Sold down after insto's got out and hasn't really recovered. Partner with two big boys (J&J and Siemens) delay in recent product launch. Gillette type business, they supply glucose strips to Siemens and J&J's hand held testing products. I hold.

CAY - Bauxite in Cameroon. Next to world class deposit. They have fringes of similar dirt but yet to fully test how much. 5M MC. $1M in the bank. CR soon? I hold a tiny tiny parcel.

CZI - Just want to ask if the reaction to yesterday's results was that predicable? (expected results = selldown) I have seen it a few times but thought the big sell down through through the EMA thought it would be different.

Apologies for the questions ...